Description
IKF Home Finance Ltd announces part redemption of debentures with record date November 23, 2025 and reduced face value effective November 21, 2025.
Summary
IKF Home Finance Ltd has announced part redemption of its non-convertible debentures (ISIN: INE02VP08022, Scrip Code: 975067) along with interest payment. The record date is set for November 23, 2025, and trading in the debentures will commence with reduced face value from November 21, 2025.
Key Points
- Debenture series: IKFHFL-10.85%-31-8-26-PVT
- ISIN: INE02VP08022
- BSE Scrip Code: 975067
- Reduced face value: Rs. 25,000.03 per debenture
- Purpose: Part redemption of debentures and payment of interest
- Effective date for reduced face value: November 21, 2025
- Settlement number: DR-761/2025-2026
Regulatory Changes
No regulatory changes announced. This is a standard corporate action related to debt servicing.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 25,000.03 per debenture from November 21, 2025
- All trading members must ensure their systems reflect the updated face value for accurate trading and settlement
Important Dates
- November 20, 2025: Notice date
- November 21, 2025: Effective date for trading with reduced face value (Settlement DR-761/2025-2026)
- November 23, 2025: Record date for interest payment and part redemption
Impact Assessment
This is a routine debt servicing event with minimal market impact. The part redemption affects only holders of this specific debenture series of IKF Home Finance Ltd. The reduced face value indicates a partial return of principal to debenture holders. Trading members dealing in this security need to update their systems to reflect the new face value to ensure proper settlement and valuation.
Impact Justification
Routine debt servicing event affecting only specific debenture holders of IKF Home Finance Ltd with limited market-wide impact