Description

Part redemption of non-convertible debentures with reduced face value from Rs. 100,000 to Rs. 50,000 per debenture 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 interest payment. The face value of debentures will be reduced from Rs. 100,000 to Rs. 50,000 per debenture, representing a 50% partial redemption. Trading in the debentures will commence with reduced face value effective 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
  • Reduced Face Value: Rs. 50,000 per debenture (from Rs. 100,000)
  • Effective Date: December 3, 2025
  • Settlement Number: DR-769/2025-2026
  • Purpose: Part redemption of debentures and payment of interest

Regulatory Changes

No regulatory changes. This is a standard corporate action notice for part redemption of debt securities.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective December 3, 2025
  • All trades executed on or after December 3, 2025 will reflect the new face value of Rs. 50,000 per debenture
  • Debenture holders as on the record date (December 3, 2025) will be eligible for part redemption proceeds and interest payment

Important Dates

  • Record Date: December 3, 2025 - Eligibility date for part redemption and interest payment
  • Effective Date: December 3, 2025 - Trading commences with reduced face value
  • Settlement: DR-769/2025-2026

Impact Assessment

Market Impact: Medium - Affects holders of VISTAAR FINANCIAL SERVICES debentures. The 50% reduction in face value through part redemption provides liquidity to debenture holders while the securities continue trading at reduced denomination.

Investor Impact: Debenture holders will receive 50% of their principal investment back along with accrued interest. Remaining holdings will continue with reduced face value of Rs. 50,000 per debenture.

Trading Impact: Trading members must update systems to reflect the new face value from December 3, 2025. All post-record date transactions will be at the reduced face value.

Impact Justification

Part redemption affecting debenture holders with 50% reduction in face value. Impacts debt security holders of VISTAAR FINANCIAL SERVICES.