Description

Shriram Finance Limited debt securities ISIN change from INE721A07RM9 to INE721A07SP0 with paid-up value increase from Rs. 5,000 to Rs. 1,00,000 per debenture effective October 30, 2025.

Summary

BSE has issued an update regarding debt securities of Shriram Finance Limited (Scrip Code: 974805). The company has received call money from debenture holders, resulting in changes to the ISIN and paid-up value of the listed debt securities. Effective October 30, 2025, the ISIN will change from INE721A07RM9 to INE721A07SP0, and the paid-up value will increase from Rs. 5,000 per debenture to Rs. 1,00,000 per debenture.

Key Points

  • Scrip Code 974805 debt securities of Shriram Finance Limited are being updated
  • Company has received call money from debenture holders
  • ISIN changing from INE721A07RM9 to INE721A07SP0
  • Paid-up value increasing from Rs. 5,000 to Rs. 1,00,000 per debenture
  • This is a continuation of Exchange Notice No. 20230503-27 dated May 3, 2023
  • Trading members are requested to note these changes

Regulatory Changes

No new regulatory requirements introduced. This is an administrative update to reflect the receipt of call money and corresponding changes to debt security parameters.

Compliance Requirements

  • Trading members must update their systems to reflect the new ISIN (INE721A07SP0)
  • Trading members must update the paid-up value to Rs. 1,00,000 per debenture in their records
  • All systems and processes involving these debt securities must be modified before the effective date

Important Dates

  • Notice Date: October 29, 2025
  • Effective Date: Thursday, October 30, 2025 - New ISIN and paid-up value becomes applicable

Impact Assessment

Impact on Debenture Holders: Debenture holders who have provided call money will see their holdings reflected under the new ISIN with increased paid-up value per debenture.

Impact on Trading Members: Trading members need to ensure their systems are updated to handle the new ISIN and paid-up value for proper trade processing and settlement.

Market Impact: This is an administrative change affecting specific debt securities. The consolidation of paid-up value (from Rs. 5,000 to Rs. 1,00,000 per debenture) suggests a call option exercise or consolidation event that reduces the number of outstanding units while increasing the face value per unit.

Impact Justification

Administrative change affecting debt security holders of Shriram Finance Limited. ISIN change and paid-up value modification require system updates by trading members but does not materially alter the security's fundamental terms.