Description
VISTAAR FINANCIAL SERVICES PVT LTD has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective December 3, 2025.
Summary
VISTAAR FINANCIAL SERVICES PVT LTD has announced part redemption of its non-convertible debentures (ISIN: INE016P07229, Scrip Code: 975745) along with payment of interest. The record date has been fixed as December 3, 2025. Post redemption, the face value of debentures will be reduced to Rs. 50,000 per debenture, effective from December 3, 2025.
Key Points
- Company: VISTAAR FINANCIAL SERVICES PVT LTD
- Security: Non-Convertible Debentures (VFSL-9.65-18-6-26-PVT)
- ISIN: INE016P07229
- Scrip Code: 975745
- Record Date: December 3, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 50,000 per debenture
- Trading with reduced face value commences: December 3, 2025 (Settlement No. DR-769/2025-2026)
Regulatory Changes
No regulatory changes announced. This is a standard corporate action notice.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with reduced face value effective December 3, 2025
- Trading members should update their systems to reflect the new face value of Rs. 50,000 per debenture from the effective date
Important Dates
- Record Date: December 3, 2025 - For determining eligibility for interest payment and part redemption
- Effective Date: December 3, 2025 - Trading commences with reduced face value
- Settlement Number: DR-769/2025-2026
Impact Assessment
This is a routine corporate action with minimal market-wide impact. The part redemption affects only holders of this specific debenture series. The reduction in face value to Rs. 50,000 per debenture will be reflected in trading from December 3, 2025. Debenture holders will receive partial repayment along with accrued interest as per the redemption terms. No impact on equity markets or broader debt market operations.
Impact Justification
Routine corporate action affecting only specific debenture holders of a private limited company. Limited market-wide impact as it pertains to debt securities of a single issuer.