Description

FEDBANK FINANCIAL SERVICES LIMITED has fixed the record date for part redemption of debentures and interest payment, with reduced face value effective from October 30, 2025.

Summary

FEDBANK FINANCIAL SERVICES LIMITED has announced part redemption of its Non-Convertible Debentures (FFSL-8.50%-RESET RATE-14-8-28, ISIN: INE007N07058, Code: 975918) along with interest payment. The record date is fixed as October 30, 2025, and trading will commence with reduced face value from the same date.

Key Points

  • Company: FEDBANK FINANCIAL SERVICES LIMITED
  • Debenture Series: FFSL-8.50%-RESET RATE-14-8-28
  • ISIN: INE007N07058
  • BSE Code: 975918
  • Record Date: October 30, 2025
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 68,750/- per Debenture
  • Effective Date: October 30, 2025
  • Settlement Number: DR-746/2025-2026

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 of Rs. 68,750/- per debenture effective from October 30, 2025
  • Members should update their systems to reflect the reduced face value for settlement purposes

Important Dates

  • Record Date: October 30, 2025 - Eligibility date for interest payment and part redemption
  • Effective Date of Reduced Face Value: October 30, 2025 (Settlement: DR-746/2025-2026)

Impact Assessment

Impact on Debenture Holders: Holders of record as of October 30, 2025 will receive part redemption proceeds and interest payment. The face value reduction to Rs. 68,750/- indicates a partial return of principal.

Trading Impact: From October 30, 2025, all trades in these debentures will be executed at the reduced face value, affecting pricing calculations and settlement amounts.

Market Impact: Limited to holders of this specific debenture series. The part redemption provides liquidity to investors while the company manages its debt obligations.

Impact Justification

Part redemption of debentures affects debt security holders with reduced face value; limited to specific debenture series holders