Description

Lendingkart Finance Limited announces part redemption of debentures with record date of October 15, 2025, reducing face value to Rs. 33,333.33 per debenture.

Summary

Lendingkart Finance Limited has announced a part redemption of its non-convertible debentures (ISIN: INE090W07618, Code: 975172, Series: LFL-11.95%-30-10-26-PVT) along with interest payment. The record date has been fixed as October 15, 2025, and trading in the debentures will commence with reduced face value from the same date.

Key Points

  • Record date for part redemption and interest payment: October 15, 2025
  • Debenture series: LFL-11.95%-30-10-26-PVT
  • ISIN: INE090W07618
  • BSE Code: 975172
  • 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 are introduced by this circular. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading members must note that debentures will trade at reduced face value of Rs. 33,333.33 per debenture effective October 15, 2025
  • Members should update their systems to reflect the new face value for trading and settlement purposes
  • Appropriate disclosures and client communications should be made regarding the part redemption

Important Dates

  • October 10, 2025: Circular issue 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)

Impact Assessment

Market Impact: Medium - Affects holders of specific debenture series of Lendingkart Finance Limited. The part redemption reduces outstanding face value while providing liquidity to debenture holders through partial repayment.

Operational Impact: Trading members need to ensure their systems reflect the reduced face value from October 15, 2025, onwards. The debentures will continue to trade but at the new reduced face value of Rs. 33,333.33 per unit.

Investor Impact: Debenture holders as on record date will receive interest payment and partial principal repayment. The reduced face value affects future interest calculations and the remaining principal amount outstanding.

Impact Justification

Part redemption of debentures affects debt security holders of Lendingkart Finance Limited with specific face value reduction and interest payment