Description

BELSTAR MICROFINANCE LIMITED has fixed record date for part redemption of debentures and interest payment, with reduced face value effective October 28, 2025.

Summary

BELSTAR MICROFINANCE LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE443L07190, Code: 977020) along with interest payment. The record date has been fixed as October 28, 2025. Trading in these debentures will commence with a reduced face value of Rs. 87,500 per debenture effective from October 28, 2025 under settlement number DR-744/2025-2026.

Key Points

  • Company: BELSTAR MICROFINANCE LIMITED
  • ISIN: INE443L07190
  • BSE Code: 977020
  • Instrument: BML-9.1%-12-8-27-PVT (Non-Convertible Debentures)
  • Record Date: October 28, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 87,500 per debenture
  • Effective Date: October 28, 2025
  • Settlement Number: DR-744/2025-2026
  • Segment: Debt
  • Category: Corporate Actions

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for part redemption of debentures.

Compliance Requirements

  • Trading Members must note that trading in the debentures will be conducted with the reduced face value effective from October 28, 2025
  • All trades executed on or after October 28, 2025 will reflect the reduced face value of Rs. 87,500 per debenture

Important Dates

  • Notice Date: October 24, 2025
  • Record Date: October 28, 2025 (for determining eligibility for interest payment and part redemption)
  • Effective Date for Reduced Face Value: October 28, 2025
  • Settlement Number: DR-744/2025-2026

Impact Assessment

Market Impact: Medium - This corporate action affects holders of BELSTAR MICROFINANCE LIMITED debentures. The part redemption reduces the outstanding principal amount, reflected in the reduced face value from the original amount to Rs. 87,500 per debenture.

Investor Impact: Debenture holders as of the record date (October 28, 2025) will receive interest payment and partial redemption of principal. Post-redemption, the face value per debenture will be reduced to Rs. 87,500.

Trading Impact: Trading members need to ensure their systems reflect the reduced face value for all trades executed on or after October 28, 2025. This affects pricing, settlement calculations, and position management for these securities.

Impact Justification

Part redemption of debentures affects debenture holders of BELSTAR MICROFINANCE LIMITED with face value reduction. Standard corporate action with limited broader market impact.