Description

Lendingkart Finance Limited has fixed the record date for part redemption of debentures and interest payment. Trading will be with reduced face value effective October 15, 2025.

Summary

Lendingkart Finance Limited has announced a part redemption of its non-convertible debentures (INE090W07618) along with interest payment. The record date is set for October 15, 2025, and trading in these debentures will commence with a reduced face value of Rs. 33,333.33 per debenture from the same date under settlement number DR-736/2025-2026.

Key Points

  • Debenture series: LFL-11.95%-30-10-26-PVT (ISIN: INE090W07618, Code: 975172)
  • Record date fixed: October 15, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • New reduced face value: Rs. 33,333.33 per debenture
  • Effective date for reduced face value trading: October 15, 2025
  • Settlement number: DR-736/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective October 15, 2025
  • All trading and settlement operations must reflect the new face value from the effective date
  • Members should update their systems to reflect the reduced face value for proper settlement

Important Dates

  • October 10, 2025: Circular issued
  • October 15, 2025: Record date for interest payment and part redemption
  • October 15, 2025: Effective date for trading with reduced face value (Settlement DR-736/2025-2026)

Impact Assessment

This part redemption will impact holders of Lendingkart Finance Limited’s non-convertible debentures. The reduction in face value from the original amount to Rs. 33,333.33 per debenture reflects a partial return of principal to debenture holders. Trading members and investors holding these securities must account for the reduced face value in their portfolios and trading systems. The impact is limited to holders of this specific debenture series and does not affect broader market operations.

Impact Justification

Standard corporate action affecting debenture holders of Lendingkart Finance Limited. Impacts trading settlement and face value of specific debenture series.