Description
NAMRA FINANCE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective November 19, 2025.
Summary
NAMRA FINANCE LIMITED has announced the part redemption of its non-convertible debentures (ISIN: INE229U07137, Scrip Code: 975677) along with interest payment. The record date has been set as November 19, 2025, and trading in these debentures will commence with a reduced face value from the same date.
Key Points
- Security: NFL-11%-24-5-26-PVT (Non-Convertible Debentures)
- ISIN: INE229U07137
- Scrip Code: 975677
- Reduced face value: Rs. 70,000 per debenture
- Purpose: Part redemption of debentures and payment of interest
- Settlement Number: DR-759/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action for debt securities.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value effective from November 19, 2025
- All trades executed from the effective date onwards will reflect the new face value of Rs. 70,000 per debenture
Important Dates
- Notice Date: November 12, 2025
- Record Date: November 19, 2025
- Effective Date for Reduced Face Value: November 19, 2025
- Settlement Number: DR-759/2025-2026
Impact Assessment
This corporate action has limited market impact as it affects only holders of specific privately placed debentures of NAMRA FINANCE LIMITED. The part redemption reduces the outstanding face value per debenture to Rs. 70,000, returning capital to debenture holders while maintaining the security in circulation. Trading members and debenture holders should adjust their records and valuation systems to reflect the reduced face value from November 19, 2025.
Impact Justification
Routine corporate action affecting specific debenture holders of a private placement. Limited market-wide impact as it pertains to private debt securities of a single company.