Description

PAHAL FINANCIAL SERVICES PRIVATE LIMITED has fixed record date for part redemption and interest payment on non-convertible debentures, with trading to commence at reduced face values effective October 13, 2025.

Summary

PAHAL FINANCIAL SERVICES PRIVATE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date has been fixed as October 13, 2025, and trading in the affected debentures will commence with reduced face values from the same date under settlement number DR-734/2025-2026.

Key Points

  • Two series of debentures are affected by this part redemption
  • PFSPL-14%-31-3-26-PVT (ISIN: INE514Q07338, Code: 975517) will have reduced face value of Rs. 20,833.46 per debenture
  • PFSPL-14%-30-4-26-PVT (ISIN: INE514Q07346, Code: 975642) will have reduced face value of Rs. 25,000.12 per debenture
  • Trading members are required to note the reduced face values for trading purposes
  • This is a debt segment corporate action

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must ensure that trading in the affected debentures reflects the reduced face values from October 13, 2025 onwards
  • All transactions must be processed under settlement number DR-734/2025-2026
  • Members must update their systems to reflect the new face values for both debenture series

Important Dates

  • Record Date: October 13, 2025 - For determining debenture holders eligible for part redemption and interest payment
  • Effective Date: October 13, 2025 - Trading commences with reduced face value
  • Settlement Number: DR-734/2025-2026

Impact Assessment

This circular has minimal market-wide impact as it pertains to privately placed debentures of PAHAL FINANCIAL SERVICES PRIVATE LIMITED. The part redemption is a routine corporate action that will:

  • Reduce the outstanding principal amount for existing debenture holders
  • Provide liquidity to debenture holders through partial return of capital
  • Require system updates by trading members to reflect new face values
  • Not affect equity markets or other debt instruments

The impact is limited to current debenture holders and trading members handling these specific securities.

Impact Justification

Routine part redemption and interest payment on private placement debentures affecting only debenture holders of PAHAL FINANCIAL SERVICES PRIVATE LIMITED with limited market-wide impact