Description
NAMRA FINANCE LIMITED has fixed Record Date for payment of interest and part redemption of non-convertible debentures, with reduced face value effective from November 19, 2025.
Summary
NAMRA FINANCE LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE229U07137, Scrip Code: 975677) along with interest payment. The record date is set for November 19, 2025, and trading in these debentures will be conducted with a reduced face value effective from the same date.
Key Points
- Part redemption and interest payment for NFL-11%-24-5-26-PVT debentures
- ISIN: INE229U07137, BSE Scrip Code: 975677
- Reduced face value: Rs. 70,000 per debenture
- Trading with reduced face value begins on the effective date
- Settlement number: DR-759/2025-2026
Regulatory Changes
No regulatory changes announced. This is a corporate action notice for debt securities.
Compliance Requirements
- Trading members must note that debentures will trade at reduced face value from the effective date
- All transactions must reflect the new face value of Rs. 70,000 per debenture
- Members should update their systems to reflect the reduced face value
Important Dates
- Notice Date: November 12, 2025
- Record Date: November 19, 2025
- Effective Date for Reduced Face Value: November 19, 2025
- Settlement: DR-759/2025-2026
Impact Assessment
This is a standard corporate action affecting only holders of NAMRA FINANCE LIMITED’s specific debenture series. The part redemption reduces the outstanding face value to Rs. 70,000 per debenture. Impact is limited to debenture holders of this particular issuance and does not affect broader market operations. Trading members dealing in these securities need to update their systems for the reduced face value.
Impact Justification
Routine corporate action affecting privately placed debentures of a finance company. Limited market-wide impact as it concerns specific debenture holders only.