Description

ARMAN FINANCIAL SERVICES LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective November 20, 2025.

Summary

ARMAN FINANCIAL SERVICES LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE109C07105, Code: 976769) along with interest payment. The record date is set as November 20, 2025, and trading in these debentures will commence with reduced face value from the same date. The face value will be reduced to Rs. 83,334 per debenture effective from settlement DR-760/2025-2026.

Key Points

  • Company: ARMAN FINANCIAL SERVICES LIMITED
  • Security: AFSL-11.4%-5-6-28-PVT (Non-Convertible Debentures)
  • ISIN: INE109C07105
  • BSE Code: 976769
  • Record Date: November 20, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 83,334 per debenture
  • Trading with reduced face value starts from November 20, 2025
  • Settlement Number: DR-760/2025-2026

Regulatory Changes

No regulatory framework 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 20, 2025
  • Members should update their systems to reflect the new face value of Rs. 83,334 per debenture
  • Interest payment and part redemption will be processed for debenture holders as of the record date

Important Dates

  • Record Date: November 20, 2025 - Eligibility date for interest payment and part redemption
  • Effective Date: November 20, 2025 - Trading commences with reduced face value
  • Settlement: DR-760/2025-2026
  • Circular Date: November 17, 2025

Impact Assessment

Debt Security Holders: Debenture holders will receive partial redemption proceeds and interest payment. The remaining investment will continue with reduced face value of Rs. 83,334 per debenture.

Trading Impact: Trading members need to ensure their systems reflect the updated face value to avoid settlement issues. The reduced face value will affect pricing and valuation of these securities going forward.

Market Operations: Standard corporate action with limited broader market impact, affecting only holders of this specific debt security.

Impact Justification

Standard part redemption of debentures affecting specific debt security holders with reduced face value from unspecified amount to Rs. 83,334 per debenture