Description

Varthana Finance Private Limited has fixed record date for payment of interest and part redemption of non-convertible debentures, with trading to commence at reduced face value from October 16, 2025.

Summary

Varthana Finance Private Limited has announced part redemption of its non-convertible debentures along with interest payment. The record date has been set as October 16, 2025, and trading in the debentures will commence with a reduced face value of Rs. 44,460 per debenture from the same date under settlement number DR-737/2025-2026.

Key Points

  • Issuer: VARTHANA FINANCE PRIVATE LIMITED
  • Debenture Series: VFPL-12.30%-27-02-27-PVT
  • ISIN: INE125T07261
  • BSE Code: 976661
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 44,460 per debenture
  • Trading members must note the face value reduction for settlement purposes

Regulatory Changes

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

Compliance Requirements

  • Trading members must ensure that trading in the debentures reflects the reduced face value of Rs. 44,460 per debenture from October 16, 2025
  • Settlement systems must be updated to reflect the new face value under settlement number DR-737/2025-2026
  • Trading members should inform their clients holding these debentures about the part redemption and interest payment

Important Dates

  • Record Date: October 16, 2025 - Eligibility date for part redemption and interest payment
  • Effective Date: October 16, 2025 - Trading commences with reduced face value
  • Settlement Number: DR-737/2025-2026

Impact Assessment

Market Impact: Low - This is a routine debt security corporate action affecting only holders of this specific debenture series.

Operational Impact: Medium for debenture holders - Bondholders will receive partial redemption proceeds and interest payment, while their remaining investment will continue at the reduced face value until maturity on February 27, 2027.

Trading Impact: Minimal - Trading members need to update their systems to reflect the reduced face value, but this is a standard operational adjustment for debt securities.

Impact Justification

Routine part redemption of privately placed debentures affecting a limited set of debt security holders. Impact confined to specific debenture holders of Varthana Finance.