Description

Electronica Finance Limited has set the record date for part redemption of non-convertible debentures and interest payment, with reduced face value effective from October 16, 2025.

Summary

Electronica Finance Limited has announced part redemption of its non-convertible debentures along with interest payment. The record date has been fixed as October 16, 2025. Trading in the debentures will commence with reduced face value of Rs. 50,000 per debenture effective from the same date.

Key Points

  • Company: Electronica Finance Limited
  • Security: EFL-10.45%–27-10-26-PVT (ISIN: INE612U07118, Code: 975117)
  • 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

Regulatory Changes

No regulatory changes. This is a standard corporate action for debt securities.

Compliance Requirements

  • Trading members must note that trading in these debentures will be conducted with the reduced face value effective from October 16, 2025
  • All transactions must reflect the new reduced face value of Rs. 50,000 per debenture from the effective date

Important Dates

  • Record Date: October 16, 2025
  • Effective Date for Reduced Face Value: October 16, 2025
  • Settlement Number: DR-737/2025-2026

Impact Assessment

This part redemption affects holders of Electronica Finance Limited’s 10.45% non-convertible debentures maturing on October 27, 2026. Debenture holders on record as of October 16, 2025 will receive part redemption proceeds and interest payment. The face value reduction to Rs. 50,000 per debenture indicates a partial return of principal to investors. Trading members and market participants must adjust their systems to reflect the new face value for accurate pricing and settlement.

Impact Justification

Routine corporate action affecting debenture holders of Electronica Finance Limited. Part redemption reduces face value significantly from original amount to Rs. 50,000 per debenture.