Description
SHARE INDIA SECURITIES LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective from November 25, 2025.
Summary
BSE has notified that SHARE INDIA SECURITIES LIMITED will undertake part redemption of its non-convertible debentures (ISIN: INE932X07023, Scrip Code: 976824) along with interest payment. The record date is fixed as November 25, 2025, and trading in these debentures will commence with reduced face value from the same date.
Key Points
- Debenture series: SISL-10.70%-10-06-27-PVT
- ISIN: INE932X07023
- BSE Scrip Code: 976824
- Original face value will be reduced to Rs. 75,000 per debenture
- Part redemption accompanied by interest payment
- Settlement number: DR-763/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note that debentures will trade with reduced face value from the effective date
- Debenture holders as on record date will be eligible for part redemption proceeds and interest payment
Important Dates
- Record Date: November 25, 2025
- Effective Date of Reduced Face Value: November 25, 2025
- Settlement Number: DR-763/2025-2026
Impact Assessment
This is a company-specific corporate action with minimal market impact. It affects only the holders of SHARE INDIA SECURITIES LIMITED’s non-convertible debentures. The part redemption reduces the face value to Rs. 75,000 per debenture, returning capital to debenture holders while maintaining the debt instrument in circulation at reduced value. Trading members need to adjust their systems to reflect the new face value from November 25, 2025.
Impact Justification
Routine corporate action affecting specific debenture holders of a single company with no broader market implications