Description

STAR HOUSING FINANCE LIMITED has fixed Record Date for part redemption of debentures and interest payment, with reduced face value effective from November 4, 2025.

Summary

STAR HOUSING FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE526R07017, Code: 975161) with Record Date fixed as November 4, 2025. Trading in these debentures will commence with reduced face value effective from November 4, 2025, in settlement number DR-749/2025-2026.

Key Points

  • Security: 13.10% Non-Convertible Debentures (Series 19-4-27-PVT)
  • ISIN: INE526R07017
  • BSE Security Code: 975161
  • Record Date: November 4, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • New Face Value: Rs. 40,476.20 per debenture (reduced from original face value)
  • Effective Date: November 4, 2025
  • Settlement Number: DR-749/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action following existing debt securities regulations.

Compliance Requirements

  • Trading members must note that trading in these debentures will be conducted at the reduced face value effective from November 4, 2025
  • All trading and settlement systems must reflect the new face value of Rs. 40,476.20 per debenture from the effective date
  • Debenture holders as on the record date will be entitled to interest payment and part redemption proceeds

Important Dates

  • Notice Date: October 28, 2025
  • Record Date: November 4, 2025
  • Effective Date for Reduced Face Value: November 4, 2025
  • Settlement Number: DR-749/2025-2026

Impact Assessment

Market Impact: Medium - affects trading of specific debt securities of STAR HOUSING FINANCE LIMITED. The significant reduction in face value (to approximately 40.48% of original value) indicates substantial part redemption.

Investor Impact: Debenture holders will receive partial redemption proceeds and accrued interest as per the record date. Post-redemption, the outstanding principal amount per debenture will be reduced to Rs. 40,476.20.

Operational Impact: Trading members and market infrastructure must update systems to reflect the new reduced face value for accurate trade execution, settlement, and position tracking from November 4, 2025.

Impact Justification

Part redemption of debentures affects debenture holders with reduced face value from Rs. 100,000 to Rs. 40,476.20, representing material impact on debt securities of the company.