Description
Muthoot Microfin Limited has fixed record date for part redemption of debentures and interest payment, with reduced face value effective November 14, 2025.
Summary
Muthoot Microfin Limited has announced part redemption of its Non-Convertible Debentures (INE046W07248) along with interest payment. The record date is set as November 14, 2025, and trading will commence with reduced face value from the same date.
Key Points
- Company: MUTHOOT MICROFIN LIMITED
- ISIN: INE046W07248 (Code: 974881)
- Security: MML-11%-5-6-26-PVT
- Record Date: November 14, 2025
- Reduced Face Value: Rs. 20,000 per Debenture
- Effective Date: November 14, 2025
- Settlement Number: DR-756/2025-2026
- Purpose: Part redemption of debentures and payment of interest
Regulatory Changes
None. This is a standard corporate action announcement.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with reduced face value effective from November 14, 2025
- Debenture holders as on record date (November 14, 2025) will be eligible for interest payment and part redemption
Important Dates
- Record Date: November 14, 2025
- Effective Date for Reduced Face Value: November 14, 2025
- Settlement Number: DR-756/2025-2026
Impact Assessment
Debenture Holders: Positive impact as holders will receive partial redemption proceeds and interest payment. The reduced face value of Rs. 20,000 per debenture will apply to continued holdings.
Trading Operations: Minimal impact. Trading members need to update systems to reflect the new reduced face value effective from November 14, 2025.
Liquidity: No significant impact on market liquidity as this is a scheduled part redemption event.
Impact Justification
Part redemption affects debenture holders with reduced face value and interest payment; routine corporate action for debt securities