Description
SRG Housing Finance Limited has fixed record date for payment of interest and part redemption of non-convertible debentures. Trading will be with reduced face value effective November 14, 2025.
Summary
SRG Housing Finance Limited has announced part redemption of its non-convertible debentures (ISIN: INE559N07058, Code: 977076) along with interest payment. The record date is set as November 14, 2025. Following the part redemption, the face value of the debentures will be reduced to Rs. 95,454.55 per debenture, effective from November 14, 2025 (Settlement No. DR-756/2025-2026).
Key Points
- Security: SRGHFL-11.52%-01-03-31-PVT (Non-Convertible Debentures)
- ISIN: INE559N07058
- Scrip Code: 977076
- Record date: November 14, 2025
- Purpose: Part redemption of debentures and payment of interest
- New reduced face value: Rs. 95,454.55 per debenture
- Trading with reduced face value commences from November 14, 2025
Regulatory Changes
No regulatory framework changes. This is a standard corporate action involving part redemption of debt securities.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with reduced face value from the effective date
- Debenture holders on record as of November 14, 2025 will be eligible for interest payment and part redemption
- All trades executed from November 14, 2025 onwards will reflect the reduced face value of Rs. 95,454.55
Important Dates
- Record Date: November 14, 2025
- Effective Date of Reduced Face Value: November 14, 2025
- Settlement Number: DR-756/2025-2026
- Notice Date: November 11, 2025
Impact Assessment
Market Impact: Medium - Affects holders of SRG Housing Finance Limited’s 11.52% non-convertible debentures maturing on March 1, 2031. The part redemption reduces outstanding principal and adjusts the face value of traded debentures.
Operational Impact: Trading members must update their systems to reflect the reduced face value from November 14, 2025. Debenture holders will receive partial principal repayment along with interest, improving liquidity for investors while reducing the company’s debt obligations.
Investor Impact: Positive for debenture holders as they receive part principal repayment ahead of maturity along with scheduled interest payment. Future trading and interest calculations will be based on the reduced face value.
Impact Justification
Part redemption affects debenture holders of SRG Housing Finance Limited with face value reduction. Medium impact as it affects specific debt instrument holders and requires trading adjustment.