Description

INDEL MONEY LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective December 9, 2025.

Summary

INDEL MONEY LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE0BUS07BM8, Code: 976322) with a record date of December 9, 2025. The debentures will trade with a reduced face value of Rs. 80,000 per debenture effective from the same date. This corporate action combines payment of interest and partial redemption of the debt securities.

Key Points

  • Security: IML-13%-25-11-27-PVT Non-Convertible Debentures
  • ISIN: INE0BUS07BM8
  • BSE Code: 976322
  • Record date: December 9, 2025
  • Reduced face value: Rs. 80,000 per debenture
  • Settlement number: DR-773/2025-2026
  • Purpose: Part redemption of debentures and payment of interest

Regulatory Changes

No regulatory framework changes. This is a standard corporate action for debt securities.

Compliance Requirements

  • Trading members must ensure debentures trade with reduced face value of Rs. 80,000 per debenture from December 9, 2025
  • Trading members should update their systems to reflect the new face value effective from the specified settlement
  • Debenture holders on record as of December 9, 2025 will be eligible for interest payment and part redemption proceeds

Important Dates

  • Record Date: December 9, 2025
  • Effective Date for Reduced Face Value: December 9, 2025
  • Settlement Number: DR-773/2025-2026
  • Notice Date: November 28, 2025

Impact Assessment

This corporate action has moderate impact limited to holders of INDEL MONEY LIMITED’s specific debenture series (IML-13%-25-11-27-PVT). The part redemption will return capital to debenture holders while reducing the outstanding principal amount. The face value reduction from the original amount to Rs. 80,000 per debenture will affect future interest calculations and trading valuation. Market liquidity for this security may be temporarily affected during the transition period. Trading members need to update systems to handle the reduced face value for accurate pricing and settlement.

Impact Justification

Standard debt security corporate action affecting specific debenture holders with part redemption and face value adjustment