Description
GREAVES FINANCE LTD has informed about the reduced face value per debenture following partial redemption of INE1QWF07014 series debentures.
Summary
GREAVES FINANCE LTD has announced a partial redemption of its debentures (Scrip Code: 977162, ISIN: INE1QWF07014). Following this partial redemption, the face value per debenture has been reduced to Rs. 95,833/-. The debentures will trade with the new reduced face value effective 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
- Notice Reference: DR-738/2025-2026
Regulatory Changes
No regulatory changes. This is a corporate action notification regarding partial redemption of debentures.
Compliance Requirements
- Trading Members are required to take note of the reduced face value
- All trading in these debentures must reflect the new face value of Rs. 95,833/- per debenture from October 17, 2025 onwards
- Trading Members must update their systems to reflect the new face value for settlement purposes
Important Dates
- Notice Date: October 16, 2025
- Effective Date for Trading with Reduced Face Value: October 17, 2025
Impact Assessment
This partial redemption impacts holders of GREAVES FINANCE LTD debentures (INE1QWF07014). The reduction in face value from the original amount to Rs. 95,833/- reflects the partial return of principal to debenture holders. Trading members need to ensure their systems are updated to reflect the new face value to avoid settlement issues. The impact is limited to specific debenture holders and trading members dealing with this particular debt security.
Impact Justification
Partial redemption affects specific debenture holders with reduced face value; impacts debt market segment with specific security trading from October 17, 2025