Description
Part redemption and interest payment on non-convertible debentures of Muthoot Microfin Limited with reduced face value effective October 16, 2025.
Summary
Muthoot Microfin Limited has announced part redemption and interest payment on its non-convertible debentures (ISIN: INE046W07263, Code: 975004). The record date is set for October 16, 2025, and trading will commence with a reduced face value of Rs. 37,500 per debenture effective from the same date under settlement number DR-737/2025-2026.
Key Points
- Part redemption of 10.75% non-convertible debentures maturing on August 1, 2026
- ISIN: INE046W07263, BSE Code: 975004
- Record date: October 16, 2025
- Reduced face value: Rs. 37,500 per debenture
- Simultaneous payment of interest on the debentures
- Trading with reduced face value begins October 16, 2025
Regulatory Changes
No regulatory changes. This is a corporate action notification for part redemption of debt securities.
Compliance Requirements
- Trading members must note the reduced face value effective from October 16, 2025
- Debenture trading will reflect the new face value of Rs. 37,500 per debenture from the effective date
- Settlement number DR-737/2025-2026 applies for transactions post-redemption
Important Dates
- Record Date: October 16, 2025
- Effective Date for Reduced Face Value: October 16, 2025
- Settlement Number: DR-737/2025-2026
- Notice Date: October 13, 2025
Impact Assessment
This part redemption will return capital to debenture holders while reducing the outstanding face value of the securities. Debenture holders will receive partial repayment along with accrued interest. The reduced face value will affect the pricing and trading dynamics of these securities going forward. Trading members and investors holding these debentures need to account for the reduced face value in their portfolios and trading systems from October 16, 2025.
Impact Justification
Part redemption affects debenture holders with face value reduction; routine corporate action for debt securities