Description

DMI Finance Private Limited has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective October 15, 2025.

Summary

DMI Finance Private Limited (ISIN: INE604O08132, Code: 975486) has announced part redemption of its 9.80% non-convertible debentures maturing on March 12, 2027. The record date is set for October 15, 2025, for the purpose of payment of interest and part redemption. Trading in these debentures will commence with reduced face value effective from the same date.

Key Points

  • Company: DMI Finance Private Limited (DFPL)
  • Security: 9.80% Non-Convertible Debentures maturing March 12, 2027
  • ISIN: INE604O08132
  • BSE Code: 975486
  • Record Date: October 15, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 93,750 per debenture
  • Trading with reduced face value begins October 15, 2025 (Settlement No. DR-736/2025-2026)

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification under existing debt securities regulations.

Compliance Requirements

  • Trading members must note the change in face value of debentures from October 15, 2025
  • All trades executed on or after October 15, 2025 will reflect the reduced face value of Rs. 93,750 per debenture
  • Market participants should update their systems to reflect the new face value for settlement purposes

Important Dates

  • Notice Date: October 10, 2025
  • Record Date: October 15, 2025
  • Effective Date for Reduced Face Value: October 15, 2025
  • Settlement Number: DR-736/2025-2026

Impact Assessment

Impact on Debenture Holders: Debenture holders on record as of October 15, 2025 will receive interest payment and partial redemption proceeds. The face value reduction to Rs. 93,750 per debenture indicates a partial return of principal.

Trading Impact: Medium - Trading members must adjust their systems to reflect the new face value. All post-redemption trades will be based on the reduced face value, affecting pricing and settlement calculations.

Market Operations: Routine debt market operation with no broader market implications. Settlement system will process trades under the new face value parameters from the effective date.

Impact Justification

Routine corporate action affecting debt security holders of DMI Finance. Material impact on debenture holders due to part redemption reducing face value to Rs. 93,750 per debenture.