Description

VISTAAR FINANCIAL SERVICES PVT LTD announces part redemption of debentures (ISIN: INE016P07195) with reduced face value of Rs. 41,666.67 per debenture, effective December 1, 2025.

Summary

VISTAAR FINANCIAL SERVICES PVT LTD has announced part redemption of its debentures with ISIN INE016P07195 (Scrip Code: 975474). The debentures with coupon rate of 9.75% maturing on May 3, 2027, will have a reduced face value of Rs. 41,666.67 per debenture following the part redemption and interest payment. Trading in these debentures will commence with the reduced face value from December 1, 2025.

Key Points

  • Company: VISTAAR FINANCIAL SERVICES PVT LTD
  • ISIN: INE016P07195
  • Scrip Code: 975474
  • Debenture: VFSPL-9.75%-5-3-27-PVT
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 41,666.67 per Debenture
  • Trading with reduced face value begins: December 1, 2025
  • Reference Number: DR-767/2025-2026
  • Notice Number: 20251128-2

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action relating to debt securities part redemption.

Compliance Requirements

  • Trading Members must note the reduced face value of Rs. 41,666.67 per debenture
  • Trading Members must ensure trading reflects the reduced face value from December 1, 2025
  • All market participants should update their records accordingly

Important Dates

  • November 28, 2025: Notice date and announcement
  • December 1, 2025: Effective date for trading with reduced face value

Impact Assessment

Debenture Holders: Partial capital return through redemption reduces outstanding principal amount. Face value reduction from original amount to Rs. 41,666.67 indicates substantial partial redemption has occurred.

Market Impact: Limited to holders of this specific privately placed debenture series. No broader market implications. Trading liquidity may be affected due to reduced outstanding amount.

Operational Impact: Trading systems and records must be updated to reflect new face value. Valuation and reporting systems need adjustment for the reduced principal amount.

Impact Justification

Part redemption affects specific debenture holders of VISTAAR FINANCIAL SERVICES with face value reduction; limited market-wide impact but significant for affected security holders