Description
VISTAAR FINANCIAL SERVICES PVT LTD has reduced the face value of its 9.75% debentures maturing on 5-3-27 to Rs. 41,666.67 per debenture following part redemption.
Summary
VISTAAR FINANCIAL SERVICES PVT LTD has informed BSE about the part redemption of its debentures (ISIN: INE016P07195, Scrip Code: 975474). Following the part redemption and interest payment, the face value of the 9.75% debentures maturing on March 5, 2027 has been reduced to Rs. 41,666.67 per debenture. The debentures will trade with the reduced face value effective December 1, 2025.
Key Points
- Company: VISTAAR FINANCIAL SERVICES PVT LTD
- Debenture: 9.75% maturing on 5-3-27 (INE016P07195)
- Scrip Code: 975474
- Action: Part redemption of debentures and payment of interest
- New face value: Rs. 41,666.67 per debenture
- Effective date for trading: December 1, 2025
- DR Reference: DR-767/2025-2026
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the reduced face value for the debentures
- Trading members must ensure transactions reflect the new face value of Rs. 41,666.67 per debenture from December 1, 2025
Important Dates
- November 28, 2025: Circular issued
- December 1, 2025: Debentures to trade with reduced face value
Impact Assessment
This is a routine corporate action with minimal market impact. The part redemption reduces the outstanding face value of the specific debenture series. Trading members dealing in this debt security need to update their systems to reflect the new face value. The action affects only holders and traders of this specific debenture issue (INE016P07195) of VISTAAR FINANCIAL SERVICES PVT LTD.
Impact Justification
Routine corporate action affecting a single private company debenture issue with limited market impact