Description
Notice regarding part redemption of non-convertible debentures and interest payment by Varthana Finance Private Limited with record date of October 16, 2025.
Summary
Varthana Finance Private Limited has fixed October 16, 2025 as the record date for part redemption of its non-convertible debentures (ISIN: INE125T07261, Code: 976661) and payment of interest. Trading in these debentures will be with reduced face value of Rs. 44,460 per debenture effective from October 16, 2025 in settlement DR-737/2025-2026.
Key Points
- Part redemption of non-convertible debentures series VFPL-12.30%-27-02-27-PVT
- ISIN: INE125T07261, BSE Code: 976661
- Interest rate: 12.30%
- Maturity date: February 27, 2027
- Issuer: Varthana Finance Private Limited (private placement)
Corporate Action Details
Security Details:
- Company: Varthana Finance Private Limited
- Debenture Series: VFPL-12.30%-27-02-27-PVT
- ISIN: INE125T07261
- BSE Code: 976661
Action: Part redemption of debentures and payment of interest
Face Value Reduction: Rs. 44,460 per debenture (post-redemption)
Important Dates
- Record Date: October 16, 2025
- Effective Date (Reduced Face Value): October 16, 2025
- Settlement Number: DR-737/2025-2026
Compliance Requirements
Trading members of BSE are required to:
- Note that trading in these debentures will be conducted with the reduced face value effective from October 16, 2025
- Ensure proper settlement processing under DR-737/2025-2026
Impact Assessment
This is a routine corporate action affecting privately placed debt securities. The part redemption reduces the outstanding face value of the debentures to Rs. 44,460 per unit. Impact is limited to existing debenture holders of this private placement. Trading members need to update their systems to reflect the reduced face value for accurate settlement.
Impact Justification
Routine corporate action for privately placed debentures of a private limited company with limited market impact