Description
Spandana Sphoorty Financial Limited has fixed record date for interest payment and part redemption of non-convertible debentures with reduced face value effective October 9, 2025.
Summary
BSE has notified that Spandana Sphoorty Financial Limited (SSFL) has fixed the record date for part redemption of its non-convertible debentures and payment of interest. Trading in the debentures will be conducted with reduced face value effective from October 9, 2025.
Key Points
- Company: Spandana Sphoorty Financial Limited
- ISIN: INE572J07745
- Scrip Code: 974793
- Security: SSFL-11.10%-24-4-26-PVT
- Record Date: October 9, 2025
- Reduced Face Value: Rs. 28,575 per debenture
- Effective Date: October 9, 2025
- Settlement Number: DR-732/2025-2026
- Purpose: Part redemption of debentures and payment of interest
Regulatory Changes
No regulatory changes. This is a routine corporate action notification.
Compliance Requirements
- Trading members must note that trading in SSFL debentures will be conducted with reduced face value of Rs. 28,575 per debenture
- The reduced face value is effective from October 9, 2025
- Settlement number DR-732/2025-2026 applies
Important Dates
- Record Date: October 9, 2025 - Eligibility date for interest payment and part redemption
- Effective Date: October 9, 2025 - Trading commences with reduced face value
- Notice Date: October 7, 2025
Impact Assessment
This corporate action impacts holders of Spandana Sphoorty Financial Limited’s non-convertible debentures (ISIN: INE572J07745). Debenture holders on record as of October 9, 2025 will receive interest payment and partial redemption. Post-redemption, the debentures will trade at a reduced face value of Rs. 28,575, affecting pricing and yield calculations for market participants. Trading members need to update their systems to reflect the new face value for accurate settlement.
Impact Justification
Affects debenture holders of Spandana Sphoorty Financial Limited with specific face value reduction and interest payment schedule