Description
VISTAAR FINANCIAL SERVICES PVT LTD announces part redemption of debentures with reduced face value effective December 1, 2025.
Summary
VISTAAR FINANCIAL SERVICES PVT LTD has announced part redemption of its debentures (ISIN: INE016P07195, Scrip Code: 975474) with a revised reduced face value. The debentures bearing 9.75% interest maturing on March 5, 2027, will have a new face value of Rs. 41,666.67 per debenture effective December 1, 2025. This follows the part redemption and interest payment process.
Key Points
- Company: VISTAAR FINANCIAL SERVICES PVT LTD
- Debenture: VFSPL-9.75%-5-3-27-PVT
- ISIN: INE016P07195
- Scrip Code: 975474
- Reduced Face Value: Rs. 41,666.67 per debenture
- Purpose: Part redemption of debentures and payment of interest
- Reference: DR-767/2025-2026
- Notice issued by: Marian Dsouza, Assistant Vice President – Listing Operations
Regulatory Changes
No regulatory changes introduced. This is a corporate action notification regarding part redemption of existing debt securities.
Compliance Requirements
- Trading members must note the reduced face value for the specified debentures
- Trading members must ensure trades reflect the new face value of Rs. 41,666.67 per debenture from December 1, 2025
- All trades in these debentures from the effective date must use the updated face value
Important Dates
- Notice Date: November 28, 2025
- Effective Date for Reduced Face Value Trading: December 1, 2025
- Debenture Maturity Date: March 5, 2027
Impact Assessment
This part redemption impacts holders of VISTAAR FINANCIAL SERVICES debentures by reducing the outstanding face value from the original amount to Rs. 41,666.67 per debenture. Trading members must update their systems to reflect the new face value for accurate pricing and settlement. The action represents a partial return of principal to debenture holders ahead of the 2027 maturity date, reducing the issuer’s debt obligations while maintaining the 9.75% interest rate on the remaining principal.
Impact Justification
Part redemption affects specific debenture holders with reduced face value from December 1, 2025. Limited to one debt instrument with moderate impact on debt market participants.