Description
Record date fixed for part redemption and interest payment on debentures with reduced face value effective September 11, 2025.
Summary
India Shelter Finance Corporation Limited has fixed September 11, 2025 as the record date for part redemption of debentures and interest payment. The debentures will trade with reduced face value of Rs. 87,500 per debenture effective from the same date.
Key Points
- Record date: September 11, 2025
- Purpose: Part redemption of debentures and interest payment
- Reduced face value: Rs. 87,500 per debenture
- Debenture code: ISFCL-RR-8.65%-3M MCLR-25-3-29
- ISIN: INE922K07104
- Scrip code: 976546
Regulatory Changes
No regulatory changes specified in this circular.
Compliance Requirements
- Trading members must note the reduced face value effective from September 11, 2025
- Trading in debentures will be with reduced face value from the effective date
Important Dates
- Record Date: September 11, 2025
- Effective Date: September 11, 2025
- Settlement Number: DR-713/2025-2026
Impact Assessment
This part redemption will reduce the face value of the debentures to Rs. 87,500, affecting the trading price and calculations for existing debenture holders. The action provides liquidity to investors through partial redemption while continuing interest payments on the remaining principal amount.
Impact Justification
Standard corporate action affecting debenture holders with reduced face value impacting trading