Description

Northern Arc Capital Ltd. has fixed the record date for part redemption and interest payment on its non-convertible debentures, with reduced face value effective from November 28, 2025.

Summary

Northern Arc Capital Ltd. has announced part redemption of its non-convertible debentures along with interest payment. The record date is set for November 29, 2025, and trading in these debentures will commence with a reduced face value from November 28, 2025.

Key Points

  • Company: Northern Arc Capital Ltd.
  • ISIN: INE850M07475 (Code: 975743)
  • Coupon Rate: 9.18%
  • Maturity Date: June 14, 2029
  • Record Date: November 29, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • New Face Value: Rs. 80,000 per debenture (reduced)
  • Effective Date: November 28, 2025
  • Settlement Number: DR-766/2025-2026

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 conducted with the reduced face value of Rs. 80,000 per debenture effective from November 28, 2025
  • All trading and settlement activities must reflect the new face value from the effective date

Important Dates

  • November 25, 2025: Circular issue date
  • November 28, 2025: Effective date for trading with reduced face value (Settlement: DR-766/2025-2026)
  • November 29, 2025: Record date for part redemption and interest payment

Impact Assessment

This corporate action directly impacts holders of Northern Arc Capital Ltd.’s non-convertible debentures (INE850M07475). Debenture holders on record as of November 29, 2025, will receive part redemption proceeds and interest payment. Post-redemption, the face value of outstanding debentures will be reduced to Rs. 80,000 per debenture. Trading members and investors must adjust their records and systems to reflect the reduced face value from November 28, 2025. This is a routine corporate action with limited broader market impact.

Impact Justification

Routine corporate action affecting debenture holders of Northern Arc Capital Ltd. with specific record date and face value reduction. Important for debenture investors but limited market-wide impact.