Description

Kanakadurga Finance Limited has fixed October 16, 2025 as the record date for part redemption of debentures and payment of interest, with reduced face value of Rs. 62,500 per debenture effective from the same date.

Summary

Kanakadurga Finance Limited has announced part redemption of its non-convertible debentures (ISIN: INE104W07195, Code: 976402) with October 16, 2025 set as the record date. The debentures will trade with a reduced face value of Rs. 62,500 per debenture from the effective date. This corporate action includes both part redemption and payment of interest to debenture holders.

Key Points

  • Company: Kanakadurga Finance Limited
  • Debenture Series: KDFL-13%-31-1-27-PVT
  • ISIN: INE104W07195
  • BSE Code: 976402
  • Record Date: October 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 62,500 per debenture
  • Effective Date: October 16, 2025
  • Settlement Number: DR-737/2025-2026

Regulatory Changes

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

Compliance Requirements

Trading members of BSE are required to:

  • Note that trading in the debentures will be with reduced face value effective from October 16, 2025
  • Ensure proper settlement under DR-737/2025-2026
  • Update their systems to reflect the new face value of Rs. 62,500 per debenture

Important Dates

  • Notice Date: October 14, 2025
  • Record Date: October 16, 2025
  • Effective Date for Reduced Face Value: October 16, 2025
  • Settlement Number: DR-737/2025-2026

Impact Assessment

This corporate action has a medium impact limited to holders of the specific debenture series (KDFL-13%-31-1-27-PVT). The part redemption will result in:

  • Reduction in face value to Rs. 62,500 per debenture
  • Payment of accrued interest to debenture holders as of record date
  • Partial return of principal to investors
  • Trading members must adjust their systems to reflect the new face value from October 16, 2025

The action is routine for debt securities and follows standard corporate action procedures for non-convertible debentures.

Impact Justification

Standard debt corporate action affecting specific debenture holders of Kanakadurga Finance Limited with part redemption and interest payment