Description

ISIN change and paid-up value revision for debentures of Mahindra And Mahindra Financial Services Limited effective November 18, 2025 due to receipt of call money from debenture holders.

Summary

BSE has issued an update regarding debt securities of Mahindra And Mahindra Financial Services Limited (Scrip Code: 974727). The company has received call money from debenture holders, resulting in changes to the ISIN and paid-up value of the listed debt securities. These changes will be effective from Tuesday, November 18, 2025.

Key Points

  • This notice is in continuation to Exchange Notice No. 20230329-35 dated March 29, 2023
  • Company has received call money from debenture holders
  • ISIN will change from INE774D07UU9 to INE774D07VM4
  • Paid-up value will increase from Rs. 100/- per debenture to Rs. 1,00,000/- per debenture
  • Changes effective from November 18, 2025
  • Scrip Code remains 974727

Regulatory Changes

No regulatory framework changes. This is an administrative update following the receipt of call money from debenture holders.

Compliance Requirements

  • Trading Members are requested to note the new ISIN and paid-up value for the debt securities
  • Members must update their systems to reflect the new ISIN (INE774D07VM4) and revised paid-up value (Rs. 1,00,000/- per debenture)
  • Ensure proper identification and trading of securities using updated parameters from November 18, 2025

Important Dates

  • Notice Date: November 17, 2025
  • Effective Date: November 18, 2025 (Tuesday) - New ISIN and paid-up value become applicable

Impact Assessment

Debenture Holders: Existing debenture holders of Mahindra And Mahindra Financial Services Limited will see their holdings reflected under the new ISIN with significantly higher paid-up value (1000x increase from Rs. 100 to Rs. 1,00,000 per debenture).

Trading Members: Must update trading systems and records to accommodate the ISIN change and new paid-up value to ensure accurate trading and settlement.

Market Impact: Limited broader market impact as this is a specific update related to one company’s debt securities. The change in paid-up value appears to be a consolidation of debenture units following receipt of call money.

Impact Justification

Routine administrative update affecting specific debt securities of Mahindra Finance. Important for debenture holders and trading members to note ISIN change and paid-up value revision, but limited broader market impact.