Description

NAMDEV FINVEST PRIVATE LIMITED has fixed October 21, 2025 as the record date for part redemption of debentures and interest payment, with reduced face value effective from October 20, 2025.

Summary

BSE has notified that NAMDEV FINVEST PRIVATE LIMITED has set October 21, 2025 as the record date for part redemption of its non-convertible debentures (ISIN: INE0IX207189, Code: 975879) and payment of interest. Trading in these debentures will commence with a reduced face value of Rs. 58,333.33 per debenture from October 20, 2025 (settlement number DR-739/2025-2026).

Key Points

  • ISIN of affected debentures: INE0IX207189
  • BSE scrip code: 975879 (NFPL-11.75%-5-8-27-PVT)
  • Record date: October 21, 2025
  • Purpose: Part redemption of debentures and interest payment
  • New reduced face value: Rs. 58,333.33 per debenture
  • Effective date for reduced face value trading: October 20, 2025
  • Settlement number: DR-739/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that debentures will trade at the reduced face value from the effective date
  • All trading systems and records must reflect the new face value of Rs. 58,333.33 per debenture from October 20, 2025
  • Trading members should inform their clients holding these debentures about the part redemption and reduced face value

Important Dates

  • October 14, 2025: Circular notification date
  • October 20, 2025: Effective date for trading with reduced face value (Settlement DR-739/2025-2026)
  • October 21, 2025: Record date for part redemption and interest payment eligibility

Impact Assessment

This circular has minimal market-wide impact as it pertains to privately placed debentures of a single issuer. The part redemption is a routine corporate action that benefits debenture holders through partial capital return and interest payment. Trading members dealing in debt securities need to update their systems to reflect the reduced face value. The 11.75% coupon rate debentures maturing on August 5, 2027 will continue trading at the reduced face value going forward.

Impact Justification

Routine corporate action affecting privately placed debentures of a single company with limited market-wide impact