Description
NAMDEV FINVEST PRIVATE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective October 20, 2025.
Summary
NAMDEV FINVEST PRIVATE LIMITED has announced a part redemption of its non-convertible debentures along with interest payment. The record date for determining eligible debenture holders is October 21, 2025. Trading in the debentures will commence with a reduced face value of Rs. 58,333.33 per debenture effective October 20, 2025.
Key Points
- Company: NAMDEV FINVEST PRIVATE LIMITED
- ISIN: INE0IX207189
- Scrip Code: 975879
- Security: NFPL-11.75%-5-8-27-PVT
- Record Date: October 21, 2025
- Purpose: Part redemption of debentures and payment of interest
- New reduced face value: Rs. 58,333.33 per debenture
- Effective date for reduced face value: October 20, 2025
- Settlement Number: DR-739/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action notification as per existing debt market regulations.
Compliance Requirements
- Trading members must note that trading in the company’s debentures will be conducted at the reduced face value from October 20, 2025
- All transactions must reflect the new face value of Rs. 58,333.33 per debenture post the effective date
- Members should update their systems to reflect the part redemption and reduced face value
Important Dates
- October 14, 2025: Circular announcement date
- October 20, 2025: Effective date for trading with reduced face value (Settlement DR-739/2025-2026)
- October 21, 2025: Record date for determining eligible debenture holders for interest payment and part redemption
Impact Assessment
This is a routine corporate action with minimal market impact. It affects only holders of specific debentures issued by NAMDEV FINVEST PRIVATE LIMITED. The part redemption reduces the outstanding face value per debenture, which is a normal debt servicing activity. Trading members dealing in these securities need to update their systems to reflect the reduced face value for proper settlement and valuation.
Impact Justification
Routine corporate action affecting private company debentures with limited market-wide impact