Description

Greaves Finance Limited has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective November 13, 2025.

Summary

Greaves Finance Limited has announced a part redemption of its non-convertible debentures (ISIN: INE1QWF07014, Code: 977162) along with interest payment. The record date has been fixed as November 13, 2025, and trading in these debentures will commence with a reduced face value from the same date.

Key Points

  • Company: Greaves Finance Limited
  • ISIN: INE1QWF07014
  • Debenture Code: 977162
  • Debenture Series: GFL-10.50%-29-9-27-PVT
  • Record Date: November 13, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 91,666 per debenture
  • Effective Date: November 13, 2025
  • Settlement Number: DR-755/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 91,666 per debenture effective from November 13, 2025
  • Trading members should update their systems to reflect the reduced face value from the effective date
  • Settlement procedures to follow DR-755/2025-2026 settlement cycle

Important Dates

  • Notice Date: November 6, 2025
  • Record Date: November 13, 2025
  • Effective Date for Reduced Face Value: November 13, 2025
  • Settlement Number: DR-755/2025-2026

Impact Assessment

This corporate action affects holders of Greaves Finance Limited’s 10.50% non-convertible debentures maturing on September 29, 2027. Debenture holders as of the record date will receive interest payment and partial redemption of principal. The face value reduction from the original value to Rs. 91,666 per debenture reflects the partial return of principal to investors. Trading members must ensure their systems are updated to reflect the new face value to ensure accurate trading and settlement from November 13, 2025 onwards.

Impact Justification

Routine corporate action affecting specific debenture holders of Greaves Finance Limited with defined record date and reduced face value