Description
Piramal Finance Limited fixes record date for part redemption of debentures with reduced face value effective September 11, 2025.
Summary
Piramal Finance Limited has announced part redemption of its Non-Convertible Debentures (INE516Y07444) with a record date of September 11, 2025. The debentures will trade with reduced face value of Rs. 800 per debenture effective from the same date.
Key Points
- Company: Piramal Finance Limited
- Debenture Code: PFL-6.75%-26-9-31-PVT (973491)
- ISIN: INE516Y07444
- Record Date: September 11, 2025
- Purpose: Part redemption and interest payment
- New Face Value: Rs. 800 per debenture
Regulatory Changes
No regulatory changes announced. This is a standard corporate action procedure.
Compliance Requirements
- Trading members must note the reduced face value trading effective September 11, 2025
- Settlement number DR-713/2025-2026 applies for the reduced face value trading
Important Dates
- Record Date: September 11, 2025
- Effective Date for Reduced Face Value: September 11, 2025
- Settlement Number: DR-713/2025-2026
Impact Assessment
Medium impact limited to holders of Piramal Finance debentures. The part redemption will reduce the outstanding principal amount, and debentures will trade at the reduced face value. This is a positive corporate action for debenture holders who will receive partial repayment along with interest.
Impact Justification
Routine corporate action affecting specific debenture holders with clear timelines and reduced face value impact