Description

BSE notice regarding part redemption of non-convertible debentures with reduced face value effective December 3, 2025.

Summary

BSE has issued a notice regarding the part redemption of non-convertible debentures issued by VISTAAR FINANCIAL SERVICES PVT LTD. The company has fixed a record date for payment of interest and part redemption. Trading in the debentures will be conducted with reduced face value effective December 3, 2025.

Key Points

  • Company: VISTAAR FINANCIAL SERVICES PVT LTD
  • Debenture Code: VFSL-9.65-18-6-26-PVT
  • ISIN: INE016P07229 (975745)
  • Record Date: December 3, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 50,000 per debenture
  • Effective Date: December 3, 2025
  • Settlement Number: DR-769/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that trading in these debentures will be conducted with reduced face value of Rs. 50,000 per debenture from December 3, 2025 onwards
  • Trading members should update their systems to reflect the reduced face value for settlement DR-769/2025-2026

Important Dates

  • Record Date: December 3, 2025 - For determining eligible debenture holders for interest payment and part redemption
  • Effective Date: December 3, 2025 - Trading with reduced face value commences
  • Notice Date: November 28, 2025

Impact Assessment

This corporate action impacts holders of VISTAAR FINANCIAL SERVICES PVT LTD debentures (ISIN: INE016P07229). Debenture holders as on the record date will receive interest payment and partial redemption. Post-redemption, the face value per debenture will be reduced to Rs. 50,000, affecting the notional value of holdings. Trading members need to ensure their systems reflect the reduced face value for accurate settlement and valuation.

Impact Justification

Routine corporate action affecting debenture holders with part redemption reducing face value from original to Rs. 50,000 per debenture