Description

VERITAS FINANCE LIMITED has fixed record date of December 10, 2025 for part redemption of debentures and payment of interest, with reduced face value of Rs. 50,000 per debenture effective from the same date.

Summary

BSE has notified that VERITAS FINANCE LIMITED has set a record date of December 10, 2025 for part redemption of its non-convertible debentures (ISIN: INE448U07216, Security Code: 975275) and payment of interest. Trading in these debentures will commence with a reduced face value of Rs. 50,000 per debenture effective from December 10, 2025 (Settlement No. DR-774/2025-2026).

Key Points

  • Company: VERITAS FINANCE LIMITED
  • ISIN: INE448U07216
  • Security Code: 975275 (VFL-9.75%-25-6-27-PVT)
  • Record Date: December 10, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 50,000 per debenture
  • Effective Date: December 10, 2025
  • Settlement Number: DR-774/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard corporate action notification as per existing BSE procedures for debt securities.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 50,000 per debenture from the effective date
  • Members should update their systems to reflect the reduced face value for settlement purposes

Important Dates

  • Record Date: December 10, 2025 - Eligibility date for part redemption and interest payment
  • Effective Date for Reduced Face Value: December 10, 2025 (Settlement No. DR-774/2025-2026)
  • Circular Issue Date: November 28, 2025

Impact Assessment

This is a routine corporate action with limited market impact. The part redemption affects only holders of the specific VERITAS FINANCE LIMITED debenture series (INE448U07216). Trading members dealing with this security need to ensure their systems reflect the reduced face value from December 10, 2025 onwards. The impact is confined to investors holding these particular non-convertible debentures and does not affect broader market operations.

Impact Justification

Routine corporate action affecting specific debt securities of VERITAS FINANCE LIMITED. Impact limited to debenture holders of this particular instrument (INE448U07216).