Description

MMFSL has fixed record date of December 9, 2025 for interest payment and part redemption of debentures, with reduced face value effective from the same date.

Summary

MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED (MMFSL) has announced part redemption of its 6.35% Non-Convertible Debentures maturing on June 24, 2026 (ISIN: INE774D07UD5, Code: 973265). The record date for interest payment and part redemption has been set as December 9, 2025. Trading in these debentures will continue with a reduced face value effective from the record date.

Key Points

  • ISIN: INE774D07UD5
  • Scrip Code: 973265
  • Debenture: MMFSL 6.35% maturing June 24, 2026 (Private)
  • Record date: December 9, 2025
  • Purpose: Part redemption and interest payment
  • Reduced face value: Rs. 250,000 per debenture
  • Settlement number: DR-773/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for part redemption of debentures.

Compliance Requirements

  • Trading members must note that trading in these debentures will be conducted with reduced face value of Rs. 250,000 per debenture effective from December 9, 2025
  • Debenture holders on record as of December 9, 2025 will be eligible for interest payment and part redemption

Important Dates

  • Notice Date: December 1, 2025
  • Record Date: December 9, 2025
  • Effective Date for Reduced Face Value: December 9, 2025
  • Settlement Number: DR-773/2025-2026

Impact Assessment

Market Impact: Low to medium. This is a routine corporate action affecting only holders of specific MMFSL debentures. The part redemption reduces outstanding debt securities and returns capital to investors.

Operational Impact: Trading members need to update their systems to reflect the reduced face value of Rs. 250,000 per debenture from December 9, 2025 onwards. Debenture holders will receive partial redemption proceeds along with interest payment as per the record date.

Impact Justification

Routine corporate action affecting specific debenture holders with predetermined redemption schedule. Medium impact limited to debt security holders.