Description

INCRED FINANCIAL SERVICES LIMITED has fixed the record date for payment of interest and part redemption on non-convertible debentures with reduced face value effective from October 24, 2025.

Summary

INCRED FINANCIAL SERVICES LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE321N07368) along with interest payment. The record date is set for October 26, 2025, and trading in these debentures will commence with a reduced face value of Rs. 334 per debenture effective from October 24, 2025.

Key Points

  • Company: INCRED FINANCIAL SERVICES LIMITED
  • Security Code: IFSL-10.30%-10-11-26-NCD (939010)
  • ISIN: INE321N07368
  • Record Date: October 26, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 334 per debenture
  • Effective Date: October 24, 2025
  • Settlement Number: DR-742/2025-2026
  • Notice Number: 20251016-27
  • Segment: Debt

Regulatory Changes

No regulatory changes announced. This is a standard corporate action relating to debenture redemption.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 334 per debenture from October 24, 2025
  • Trading members should update their systems to reflect the reduced face value for settlement DR-742/2025-2026

Important Dates

  • October 16, 2025: Notice date
  • October 24, 2025: Effective date for trading with reduced face value (Settlement DR-742/2025-2026)
  • October 26, 2025: Record date for part redemption and interest payment eligibility

Impact Assessment

This part redemption will impact debenture holders of INCRED FINANCIAL SERVICES LIMITED by returning a portion of their principal investment and paying accrued interest. The reduced face value of Rs. 334 per debenture indicates that part of the principal has been redeemed. Trading members and investors need to be aware of the new face value for accurate pricing and settlement calculations. The impact is primarily limited to holders of this specific debenture series (10.30% maturing November 10, 2026).

Impact Justification

Affects debenture holders of INCRED FINANCIAL SERVICES LIMITED through part redemption and interest payment, with face value reduction from unspecified amount to Rs. 334 per debenture