Description

SRG Housing Finance Limited announces part redemption of debentures with record date November 9, 2025, reducing face value to Rs. 98,484.85 per debenture effective November 7, 2025.

Summary

SRG Housing Finance Limited has announced part redemption of its Non-Convertible Debentures (NCDs) along with interest payment. The company has set November 9, 2025 as the record date for determining eligible debenture holders. Post-redemption, the face value of the debentures will be reduced to Rs. 98,484.85 per debenture, effective from November 7, 2025 (settlement number DR-751/2025-2026).

Key Points

  • Company: SRG Housing Finance Limited
  • ISIN: INE559N07066
  • Scrip Code: 977242
  • Debenture Series: SRGHFL-11.52%-24-4-31-PVT
  • Record Date: November 9, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 98,484.85 per debenture
  • Effective Date: November 7, 2025
  • Settlement Number: DR-751/2025-2026

Regulatory Changes

No regulatory changes are introduced by this circular. This is a standard corporate action notification as per existing regulations governing debt securities and debenture redemptions.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective from November 7, 2025
  • All trading systems must reflect the updated face value of Rs. 98,484.85 per debenture from the effective date
  • Members should ensure proper settlement of trades considering the new face value denomination

Important Dates

  • November 4, 2025: Circular notice date
  • November 7, 2025: Effective date for reduced face value trading (Settlement DR-751/2025-2026)
  • November 9, 2025: Record date for determining eligible debenture holders for interest payment and part redemption

Impact Assessment

Debenture Holders: Existing holders will receive partial redemption proceeds and interest payment. The remaining investment will be reflected at the reduced face value of Rs. 98,484.85 per debenture.

Market Impact: Limited market-wide impact as this affects only holders of this specific debenture series. Trading will continue with adjusted face value from November 7, 2025.

Operational Impact: Trading systems and back-office operations must update the face value for this ISIN to ensure accurate trade processing and settlement. The reduced face value indicates a partial redemption structure where the principal is being returned in installments.

Impact Justification

Routine corporate action affecting debenture holders of SRG Housing Finance Limited with specific impact on debt security face value and trading