Description

LENDINGKART FINANCE LIMITED announces part redemption of debentures with record date October 15, 2025, reducing face value to Rs. 33,333.33 per debenture.

Summary

LENDINGKART FINANCE LIMITED has fixed October 15, 2025 as the record date for payment of interest and part redemption of its non-convertible debentures (ISIN: INE090W07618, BSE Code: 975172, Series: LFL-11.95%-30-10-26-PVT). Trading in these debentures will commence with reduced face value effective from the record date under settlement number DR-736/2025-2026.

Key Points

  • Debenture series: LFL-11.95%-30-10-26-PVT (ISIN: INE090W07618)
  • BSE security code: 975172
  • Record date: October 15, 2025
  • 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
  • Segment: Debt
  • Category: Corporate Actions

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from October 15, 2025
  • Trading members should update their systems to reflect the new face value of Rs. 33,333.33 per debenture
  • Debenture holders as on record date October 15, 2025 will be eligible for interest payment and part redemption

Important Dates

  • Notice Date: October 10, 2025
  • Record Date: October 15, 2025 (for eligibility for interest payment and part redemption)
  • Effective Date: October 15, 2025 (trading with reduced face value commences)
  • Settlement Number: DR-736/2025-2026

Impact Assessment

Market Impact: Limited impact on broader market; specific to holders of LENDINGKART FINANCE LIMITED debentures. The part redemption reduces outstanding debt obligations.

Operational Impact: Trading members need to adjust their systems to reflect the reduced face value from October 15, 2025. Debenture holders will receive partial redemption proceeds and interest payments based on record date eligibility.

Investor Impact: Debenture holders as on October 15, 2025 will receive interest payment and partial principal redemption. Post-redemption, each debenture will have a face value of Rs. 33,333.33, affecting future trading prices and interest calculations.

Impact Justification

Part redemption of debentures affects debt holders of LENDINGKART FINANCE LIMITED with reduced face value effective from October 15, 2025. Standard corporate action with defined timeline and impact on specific security holders.