Description

DMI Finance Private Limited announces part redemption of debentures with record date October 15, 2025, and reduced face value of Rs. 93,750 per debenture.

Summary

DMI Finance Private Limited has announced a part redemption of its Non-Convertible Debentures (NCDs) along with interest payment. The record date is fixed as October 15, 2025, and trading in these debentures will commence with a reduced face value of Rs. 93,750 per debenture effective from the same date.

Key Points

  • Company: DMI Finance Private Limited
  • ISIN: INE604O08132
  • BSE Code: 975486
  • Security: DFPL-9.80%-12-3-27-PVT (9.80% coupon rate debentures)
  • Record Date: October 15, 2025
  • Reduced Face Value: Rs. 93,750 per debenture
  • Effective Date: October 15, 2025
  • Settlement Number: DR-736/2025-2026
  • Purpose: Part redemption of debentures and payment of interest

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification pursuant to existing debt market regulations.

Compliance Requirements

  • Trading members must note the change in face value effective October 15, 2025
  • All trades executed on or after October 15, 2025 will reflect the reduced face value of Rs. 93,750 per debenture
  • Members must ensure proper settlement under DR-736/2025-2026

Important Dates

  • October 10, 2025: Circular notice date
  • 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: Applicable settlement cycle

Impact Assessment

Market Impact: Medium - affects holders of DMI Finance debentures (ISIN: INE604O08132). The part redemption will return capital to debenture holders while reducing the outstanding face value.

Operational Impact: Trading members need to update their systems to reflect the new face value of Rs. 93,750 per debenture from October 15, 2025 onwards. This ensures accurate pricing and settlement for subsequent trades.

Investor Impact: Debenture holders on record as of October 15, 2025 will receive partial redemption proceeds along with interest payment. Post-redemption, the face value per debenture will be reduced, affecting future interest calculations and final redemption amounts.

Impact Justification

Routine corporate action affecting debenture holders of DMI Finance with specific impact on face value and interest payment. Relevant to debt market participants holding these securities.