Description
GREAVES FINANCE LTD has partially redeemed debentures with reduced face value to Rs. 95,833 per debenture, effective from October 17, 2025.
Summary
GREAVES FINANCE LTD has informed BSE about the partial redemption of its debentures (ISIN: INE1QWF07014, Scrip Code: 977162). The face value per debenture has been reduced to Rs. 95,833 following the part redemption. Trading members are advised that these debentures will trade with the reduced face value from October 17, 2025.
Key Points
- Company: GREAVES FINANCE LTD
- Debenture Series: GFL-10.50%-29-9-27-PVT
- ISIN: INE1QWF07014
- Scrip Code: 977162
- New Reduced Face Value: Rs. 95,833 per debenture
- Effective Date: October 17, 2025
- Circular Reference: DR-738/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action involving partial redemption of debt securities.
Compliance Requirements
- Trading members must note the reduced face value effective from October 17, 2025
- All trades in these debentures must reflect the new face value of Rs. 95,833 per debenture
- Trading members should update their systems accordingly
Important Dates
- Notice Date: October 16, 2025
- Effective Date for Trading with Reduced Face Value: October 17, 2025
- Debenture Maturity: September 29, 2027
Impact Assessment
This part redemption impacts holders of GREAVES FINANCE LTD debentures (INE1QWF07014). The reduced face value indicates partial principal repayment to debenture holders. Trading members must ensure their systems reflect the updated face value to avoid trade discrepancies. The impact is limited to this specific debenture series and does not affect broader market operations.
Impact Justification
Routine corporate action affecting specific debenture holders of GREAVES FINANCE LTD with material change in face value