Description

SRG Housing Finance Limited announces part redemption of debentures with record date October 14, 2025, reducing face value to Rs. 96,969.70 per debenture.

Summary

SRG Housing Finance Limited has announced part redemption of its Non-Convertible Debentures (ISIN: INE559N07058) along with interest payment. The record date is set as October 14, 2025, and trading in these debentures will commence with reduced face value from the same date.

Key Points

  • Company: SRG Housing Finance Limited
  • Security: Non-Convertible Debentures (SRGHFL-11.52%-01-03-31-PVT)
  • ISIN: INE559N07058
  • Scrip Code: 977076
  • Record Date: October 14, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 96,969.70 per debenture
  • Effective Date: October 14, 2025
  • Settlement Number: DR-735/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action for debt securities.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective October 14, 2025
  • Systems and records must be updated to reflect the new face value of Rs. 96,969.70 per debenture
  • Settlement processes should account for the reduced face value from settlement DR-735/2025-2026

Important Dates

  • October 9, 2025: Circular issued
  • October 14, 2025: Record date for part redemption and interest payment
  • October 14, 2025: Effective date for trading with reduced face value
  • Settlement DR-735/2025-2026: Settlement number for reduced face value implementation

Impact Assessment

Impact on Debenture Holders: Debenture holders on record as of October 14, 2025, will receive part redemption proceeds and interest payment. The face value reduction to Rs. 96,969.70 indicates partial capital return to investors.

Trading Impact: From October 14, 2025, all trading in these debentures will reflect the reduced face value. This affects pricing, accrued interest calculations, and settlement amounts.

Market Scope: Limited to holders and traders of SRG Housing Finance Limited’s specific debenture series (11.52% coupon, maturing March 31). No broader market implications.

Impact Justification

Part redemption of debentures affects debt security holders with specific face value reduction, limited to investors in SRGHFL debentures INE559N07058.