Description

Change in ISIN and paid-up value for debt securities of Mahindra And Mahindra Financial Services Limited effective November 18, 2025, following receipt of call money from debenture holders.

Summary

BSE has issued an update regarding debt securities of Mahindra And Mahindra Financial Services Limited. Following receipt of call money from debenture holders, the ISIN and paid-up value of certain 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 remains 974727
  • Company has received call money from debenture holders
  • Changes are effective from Tuesday, November 18, 2025

Regulatory Changes

No new regulatory changes introduced. This is an operational update following the exercise of call provisions on existing debt securities.

Compliance Requirements

  • Trading Members are requested to note the revised ISIN and paid-up value
  • Trading systems should be updated to reflect the new ISIN INE774D07VM4
  • Recognition of the increased denomination from Rs. 100 to Rs. 1,00,000 per debenture

Important Dates

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

Impact Assessment

Market Impact: Medium - The change affects specific debt securities of Mahindra And Mahindra Financial Services Limited. The substantial increase in denomination (from Rs. 100 to Rs. 1,00,000) following the call money receipt represents a 1,000x change in unit value, which will affect trading lot sizes and accessibility.

Operational Impact: Trading members and debenture holders need to update their records with the new ISIN. The significant change in denomination may affect liquidity and minimum investment requirements for these securities. Systems handling these securities will need to be updated to reflect the new parameters.

Impact Justification

Administrative update affecting specific debt securities with changes to ISIN and denomination, relevant primarily to debenture holders and trading members