Description

MUTHOOT CAPITAL SERVICES LTD. has announced part redemption of its non-convertible debentures along with interest payment, with reduced face value effective November 14, 2025.

Summary

MUTHOOT CAPITAL SERVICES LTD. has fixed November 16, 2025 as the record date for part redemption of its non-convertible debentures (ISIN: INE296G07226, Code: 976213) and payment of interest. The debentures with 10.40% interest rate maturing on December 2, 2026, will trade with reduced face value of Rs. 50,000 per debenture (reduced from Rs. 100,000) effective November 14, 2025.

Key Points

  • Company: MUTHOOT CAPITAL SERVICES LTD.
  • Debenture Code: MCSL-10.40%-2-12-26-PVT (976213)
  • ISIN: INE296G07226
  • Record Date: November 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Original Face Value: Rs. 100,000 per debenture
  • Reduced Face Value: Rs. 50,000 per debenture
  • Effective Date of Reduced Face Value: November 14, 2025
  • Settlement Number: DR-756/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading members must ensure that debentures trade with reduced face value of Rs. 50,000 from November 14, 2025 onwards
  • Debenture holders on record as of November 16, 2025 will be eligible for interest payment and part redemption
  • Trading members are required to note the face value adjustment in their systems

Important Dates

  • November 10, 2025: Circular notice date
  • November 14, 2025: Effective date for trading with reduced face value (Settlement DR-756/2025-2026)
  • November 16, 2025: Record date for interest payment and part redemption eligibility

Impact Assessment

This part redemption reduces the outstanding face value of each debenture by 50%, from Rs. 100,000 to Rs. 50,000. Debenture holders will receive payment for the redeemed portion along with accrued interest. The remaining debentures will continue to trade until the final maturity date of December 2, 2026. This action provides liquidity to debenture holders while allowing the company to reduce its debt obligations. Trading members must update their systems to reflect the reduced face value to ensure accurate trading and settlement.

Impact Justification

Impacts debenture holders of MUTHOOT CAPITAL SERVICES with partial redemption and face value reduction from Rs. 100,000 to Rs. 50,000 per debenture