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 20, 2025.

Summary

Varthana Finance Private Limited has announced a part redemption of its non-convertible debentures (ISIN: INE125T07311, Code: 976219) with a record date of October 22, 2025. The debentures will trade with a reduced face value of Rs. 77,777.89 per debenture effective from October 20, 2025 (Settlement No. DR-739/2025-2026). This corporate action also includes payment of interest to debenture holders.

Key Points

  • Company: VARTHANA FINANCE PRIVATE LIMITED
  • ISIN: INE125T07311
  • Code: 976219 (VFPL-11.7%-6-8-27-pvt)
  • Record Date: October 22, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • New face value: Rs. 77,777.89 per debenture
  • Effective date of reduced face value: October 20, 2025
  • Settlement number: DR-739/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice as per existing debt market regulations.

Compliance Requirements

Trading members must:

  • Note that trading in these debentures will be with the reduced face value effective from October 20, 2025
  • Update their systems to reflect the new face value of Rs. 77,777.89 per debenture
  • Ensure proper settlement under DR-739/2025-2026

Important Dates

  • October 14, 2025: Notice date
  • October 20, 2025: Effective date for trading with reduced face value (Settlement DR-739/2025-2026)
  • October 22, 2025: Record date for part redemption and interest payment

Impact Assessment

This is a routine debt market corporate action with minimal market-wide impact. The part redemption affects only holders of this specific debenture series from Varthana Finance Private Limited. Trading members dealing with these securities need to update their systems to reflect the reduced face value. The action demonstrates the issuer’s adherence to debt servicing obligations.

Impact Justification

Routine corporate action affecting specific debenture holders of a private company with limited market-wide impact