Description
FEDBANK FINANCIAL SERVICES LIMITED has fixed record date for part redemption of debentures with reduced face value effective September 11, 2025.
Summary
FEDBANK FINANCIAL SERVICES LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date is set for September 11, 2025, with trading to commence at reduced face value from the same date.
Key Points
- Company: FEDBANK FINANCIAL SERVICES LIMITED
- ISIN: INE007N07041
- Code: 974927
- Record Date: September 11, 2025
- Purpose: Part redemption of debentures and payment of interest
- New reduced face value: Rs. 43,750 per debenture
- Effective date: September 11, 2025
- Settlement number: DR-713/2025-2026
Regulatory Changes
Trading in the debentures will be conducted with the reduced face value effective from September 11, 2025, following the part redemption.
Compliance Requirements
Trading members are required to note that trading in FEDBANK FINANCIAL SERVICES LIMITED debentures will be with reduced face value from the effective date mentioned.
Important Dates
- Record Date: September 11, 2025
- Effective Date for Reduced Face Value: September 11, 2025
- Settlement: DR-713/2025-2026
Impact Assessment
Debenture holders will receive partial redemption payment along with interest. The reduced face value will affect the trading value and liquidity of the remaining debentures in the market.
Impact Justification
Part redemption affects debenture holders with reduced face value and interest payment