Description

PIRAMAL FINANCE LIMITED has fixed record date of December 4, 2025 for part redemption of debentures and payment of interest. Trading will occur with reduced face value of Rs. 250,000 per debenture effective from the record date.

Summary

PIRAMAL FINANCE LIMITED has announced a part redemption of its non-convertible debentures (ISIN: INE516Y07279, Code: 973073) with a record date of December 4, 2025. The debentures will trade with a reduced face value of Rs. 250,000 per debenture effective from the record date. This corporate action includes both part redemption and payment of interest to eligible debenture holders.

Key Points

  • Company: PIRAMAL FINANCE LIMITED
  • Security: Non-Convertible Debentures (PFL-9.25%-19-3-26-PVT)
  • ISIN: INE516Y07279
  • BSE Code: 973073
  • Record Date: December 4, 2025
  • Reduced Face Value: Rs. 250,000 per debenture
  • Effective Date: December 4, 2025
  • Settlement Number: DR-770/2025-2026
  • Purpose: Part redemption of debentures and payment of interest

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note that trading in the debentures will be with reduced face value effective from December 4, 2025
  • Debenture holders as on record date (December 4, 2025) will be eligible for interest payment and part redemption
  • Trading systems and records should be updated to reflect the reduced face value from the effective date

Important Dates

  • Record Date: December 4, 2025
  • Effective Date of Reduced Face Value: December 4, 2025
  • Settlement Number: DR-770/2025-2026
  • Circular Date: November 21, 2025

Impact Assessment

This part redemption will reduce the outstanding principal amount of the debentures, with the face value being reduced to Rs. 250,000 per debenture. Debenture holders will receive partial repayment along with interest payment. Trading members need to ensure their systems are updated to reflect the reduced face value from December 4, 2025 onwards. The impact is limited to holders of these specific debentures and does not affect broader market operations. This is a routine corporate action that provides liquidity to debenture holders while reducing the company’s debt obligation.

Impact Justification

Standard corporate action affecting debenture holders of PIRAMAL FINANCE LIMITED with specific record date and face value reduction. Material for debenture investors but routine corporate action.