Description

Revised reduced face value of Rs. 37,500 per debenture for MUTHOOT MICROFIN LIMITED debentures (Scrip Code: 974966) effective from October 13, 2025 following part redemption with record date September 15, 2025.

Summary

BSE has announced the revised reduced face value for debentures of MUTHOOT MICROFIN LIMITED (Scrip Code: 974966, ISIN: INE046W07255) following part redemption. The debentures (MML-10.75%-7-7-26-PVT) will trade at the revised face value of Rs. 37,500 per debenture from October 13, 2025. This follows the earlier notice dated September 12, 2025, which set the record date as September 15, 2025 for the part redemption.

Key Points

  • Company: MUTHOOT MICROFIN LIMITED
  • Scrip Code: 974966
  • ISIN: INE046W07255
  • Debenture Series: MML-10.75%-7-7-26-PVT
  • Revised Reduced Face Value: Rs. 37,500 per debenture
  • Effective Trading Date: October 13, 2025
  • Record Date for Part Redemption: September 15, 2025
  • Notice Reference: DR-734/2025-2026
  • Segment: Debt

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification for part redemption of debentures as per existing debt market regulations.

Compliance Requirements

  • Trading Members must update their systems to reflect the revised reduced face value of Rs. 37,500 per debenture
  • All trades from October 13, 2025 onwards must be executed at the new reduced face value
  • Trading Members are required to take note of this change and inform their clients holding these debentures

Important Dates

  • September 12, 2025: Initial exchange notice issued (Notice No. 20250912-27)
  • September 15, 2025: Record date for part redemption
  • October 10, 2025: Notice date announcing revised reduced face value
  • October 13, 2025: Effective date for trading at revised reduced face value

Impact Assessment

Market Impact: Limited to holders of MUTHOOT MICROFIN LIMITED debentures (Scrip Code: 974966). The part redemption reduces the outstanding face value from the original amount to Rs. 37,500 per debenture.

Operational Impact: Trading Members must update their systems and databases to reflect the new face value. This ensures accurate pricing, settlement, and reporting for trades executed on or after October 13, 2025.

Investor Impact: Debenture holders who were on record as of September 15, 2025 would have received partial redemption. The remaining debentures will continue to trade at the reduced face value, affecting accrued interest calculations and coupon payments going forward.

Impact Justification

Affects holders of specific debentures of MUTHOOT MICROFIN LIMITED with face value reduction post part redemption; moderate impact limited to debt instrument holders