Description

VARTHANA FINANCE PRIVATE LIMITED has fixed Record Date for Payment of Interest and Part Redemption of Non-Convertible Debentures with reduced face value effective from October 16, 2025.

Summary

VARTHANA FINANCE PRIVATE LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE125T07261, Code: 976661, Series: VFPL-12.30%-27-02-27-PVT) along with interest payment. Trading in these debentures will continue with a reduced face value of Rs. 44,460 per debenture effective from October 16, 2025.

Key Points

  • Record Date for part redemption and interest payment: October 16, 2025
  • ISIN: INE125T07261
  • Debenture Code: 976661
  • Series: VFPL-12.30%-27-02-27-PVT
  • Reduced Face Value: Rs. 44,460 per debenture
  • Effective Date: October 16, 2025
  • Settlement Number: DR-737/2025-2026
  • Notice Number: 20251014-16

Regulatory Changes

No new regulatory changes. This is a routine corporate action for part redemption of debentures as per existing debt securities framework.

Compliance Requirements

  • Trading Members must note that trading in the debentures will be with reduced face value effective from October 16, 2025
  • Debenture holders on record as of October 16, 2025 will be eligible for interest payment and part redemption
  • Trading Members should update their systems to reflect the new reduced face value

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

Market Impact: Medium - This is a standard corporate action for debt securities. Trading will continue with reduced face value, which is a routine process following part redemption.

Operational Impact: Trading Members need to update their systems to reflect the new reduced face value of Rs. 44,460 per debenture from October 16, 2025.

Investor Impact: Debenture holders on record date will receive interest payment and partial redemption proceeds. The remaining debenture will continue to trade at the reduced face value until maturity (February 27, 2027).

Impact Justification

Routine corporate action involving part redemption of debentures with specific impact on debt security holders. Trading continues with reduced face value from October 16, 2025.