Description
ISIN change and paid-up value revision for debt securities following receipt of call money from debenture holders, effective November 18, 2025.
Summary
BSE has issued an update regarding debt securities of Mahindra And Mahindra Financial Services Limited (MMFSL). Following receipt of call money from debenture holders, the ISIN and paid-up value of certain listed debt securities will be revised effective November 18, 2025. This is a continuation of Exchange Notice No. 20230329-35 dated March 29, 2023.
Key Points
- ISIN will change from INE774D07UU9 to INE774D07VM4
- Paid-up value will increase from Rs. 100/- per Debenture to Rs. 1,00,000/- per Debenture
- Scrip Code 974727 remains unchanged
- Company has received call money from debenture holders
- Changes are in continuation of earlier notice dated March 29, 2023
Regulatory Changes
No new regulatory framework changes. This is a procedural update following corporate action on existing debt securities.
Compliance Requirements
- Trading Members must note the revised ISIN: INE774D07VM4
- Trading Members must update systems to reflect new paid-up value of Rs. 1,00,000/- per Debenture
- All trading and settlement activities post-effective date must use revised parameters
Important Dates
- Notice Date: November 17, 2025
- Effective Date: November 18, 2025 (Tuesday)
- Reference Notice: Exchange Notice No. 20230329-35 dated March 29, 2023
Impact Assessment
This update has moderate impact on holders and traders of MMFSL debt securities with the specified ISIN. The substantial increase in paid-up value from Rs. 100 to Rs. 1,00,000 per debenture (1000x increase) represents a consolidation following call money receipt. Trading systems and records must be updated to reflect the new ISIN and denomination to ensure accurate trading and settlement operations.
Impact Justification
Technical update affecting specific debt securities of MMFSL with ISIN change and significant paid-up value revision from Rs. 100 to Rs. 1,00,000 per debenture