Description
MUTHOOT CAPITAL SERVICES LTD. announces part redemption of non-convertible debentures with reduced face value effective October 13, 2025.
Summary
MUTHOOT CAPITAL SERVICES LTD. has announced part redemption of its 9.90% non-convertible debentures maturing on October 29, 2026 (ISIN: INE296G07192, Scrip Code: 976146). The record date for payment of interest and part redemption is set for October 13, 2025. Trading in these debentures will commence with reduced face value effective from the same date.
Key Points
- ISIN: INE296G07192
- Scrip Code: 976146
- Interest Rate: 9.90%
- Maturity Date: October 29, 2026
- Debenture Type: Non-Convertible (Private Placement)
- Original Face Value: Rs. 10,000 per debenture
- Reduced Face Value: Rs. 5,000 per debenture
- Segment: Debt
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action following existing debt redemption procedures.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted at reduced face value effective October 13, 2025
- Settlement number: DR-734/2025-2026
- Debenture holders on record as of October 13, 2025 will be eligible for interest payment and part redemption
Important Dates
- Record Date: October 13, 2025
- Effective Date for Reduced Face Value: October 13, 2025
- Settlement Number: DR-734/2025-2026
- Notice Date: October 8, 2025
Impact Assessment
This part redemption reduces the outstanding face value by 50% (from Rs. 10,000 to Rs. 5,000 per debenture). Debenture holders will receive partial principal repayment along with accrued interest. The remaining debentures will continue trading at the reduced face value until final maturity on October 29, 2026. Impact is limited to holders of this specific ISIN and does not affect broader debt market operations.
Impact Justification
Part redemption affects specific debenture holders with reduced face value from Rs. 10,000 to Rs. 5,000 per debenture. Limited impact on broader market but significant for debenture holders.