Description
India Shelter Finance Corporation Limited has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective September 11, 2025.
Summary
India Shelter Finance Corporation Limited has announced a part redemption of its non-convertible debentures along with interest payment. The company has set September 11, 2025 as the record date, and trading in the debentures will commence with a reduced face value of Rs. 87,500 per debenture from the same date.
Key Points
- Part redemption of non-convertible debentures of India Shelter Finance Corporation Limited
- Record date fixed for September 11, 2025
- Debenture code: ISFCL-RR-8.65%-3M MCLR-25-3-29
- ISIN: INE922K07104
- BSE scrip code: 976546
- Reduced face value: Rs. 87,500 per debenture
- Effective settlement number: DR-713/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action for debt securities involving partial redemption.
Compliance Requirements
- Trading members must note the reduced face value effective from September 11, 2025
- All subsequent trading in these debentures will be at the new reduced face value
- Settlement procedures to follow standard debt segment guidelines
Important Dates
- Record Date: September 11, 2025
- Effective Date for Reduced Face Value: September 11, 2025
- Settlement Number: DR-713/2025-2026
Impact Assessment
This corporate action will directly impact existing debenture holders of India Shelter Finance Corporation Limited. The part redemption reduces the outstanding principal amount, lowering the face value to Rs. 87,500 per debenture. Trading members and investors need to adjust their positions and pricing models accordingly. The action represents a routine corporate event for debt securities management.
Impact Justification
Corporate action affecting debenture trading with face value reduction impacting existing debenture holders