Description

ELECTRONICA FINANCE LIMITED has fixed Record Date for Payment of Interest and Part Redemption of Non-Convertible Debentures. Trading will be with Reduced Face Value effective October 16, 2025.

Summary

ELECTRONICA FINANCE LIMITED has fixed the Record Date for Part Redemption of Non-Convertible Debentures and Payment of Interest. Trading in the debentures will be conducted with a reduced face value of Rs. 50,000 per debenture effective from October 16, 2025. This is a routine corporate action under the IRD segment.

Key Points

  • Company: ELECTRONICA FINANCE LIMITED
  • ISIN: INE612U07118 (Code: 975117)
  • Security: EFL-10.45%–27-10-26-PVT
  • Record Date: October 16, 2025
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 50,000 per Debenture
  • Effective Date: October 16, 2025
  • Settlement Number: DR-737/2025-2026
  • Notice Number: 20251013-14
  • Segment: IRD (Interest Rate Derivatives)

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for part redemption of debentures.

Compliance Requirements

  • Trading Members must note that trading in the debentures will be conducted with the reduced face value of Rs. 50,000 per debenture from the effective date
  • Trading Members should update their systems to reflect the changed face value
  • Debenture holders on the record date (October 16, 2025) will be eligible for interest payment and part redemption

Important Dates

  • October 13, 2025: Notice Date
  • October 16, 2025: Record Date for interest payment and part redemption eligibility
  • October 16, 2025: Effective date for trading with reduced face value (Settlement DR-737/2025-2026)

Impact Assessment

For Debenture Holders:

  • Holders on record date will receive interest payment and partial redemption proceeds
  • Face value of debentures will be reduced to Rs. 50,000 per debenture post-redemption

For Trading Members:

  • Must update trading systems to reflect the reduced face value from October 16, 2025
  • All trades from the effective date will be executed at the new reduced face value

Market Impact:

  • Limited market-wide impact as this affects only a specific debenture series of ELECTRONICA FINANCE LIMITED
  • Standard corporate action that is part of the scheduled redemption terms of the debentures

Impact Justification

Routine corporate action affecting debenture holders of ELECTRONICA FINANCE LIMITED. Material impact on face value of debentures but part of scheduled redemption process.