Description

FEDBANK FINANCIAL SERVICES LIMITED has fixed record date for payment of interest and part redemption of Non-Convertible Debentures with reduced face value effective from December 11, 2025.

Summary

FEDBANK FINANCIAL SERVICES LIMITED has announced part redemption of its Non-Convertible Debentures (NCDs) along with interest payment. The debentures (ISIN: INE007N07041, Scrip Code: 974927) will trade at a reduced face value of Rs. 37,500 per debenture with effect from December 11, 2025. The record date for determining eligible debenture holders is December 11, 2025.

Key Points

  • Company: FEDBANK FINANCIAL SERVICES LIMITED
  • Security: Non-Convertible Debentures (FFSL-SBIMCLR8.25%-26-6-27-PVT)
  • ISIN: INE007N07041
  • Scrip Code: 974927
  • Record Date: December 11, 2025
  • Reduced Face Value: Rs. 37,500 per debenture
  • Effective Date: December 11, 2025
  • Settlement Number: DR-775/2025-2026
  • Purpose: Part redemption of debentures and payment of interest

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action involving part redemption of debt securities.

Compliance Requirements

  • Trading Members must note that debentures will trade with reduced face value from the effective date
  • Debenture holders as on the record date (December 11, 2025) will be eligible for interest payment and part redemption proceeds
  • Trading Members should update their systems to reflect the reduced face value of Rs. 37,500 per debenture

Important Dates

  • Notice Date: December 02, 2025
  • Record Date: December 11, 2025
  • Effective Date for Reduced Face Value: December 11, 2025
  • Settlement Number: DR-775/2025-2026

Impact Assessment

Market Impact: Medium - The part redemption affects only holders of specific debentures of FEDBANK FINANCIAL SERVICES LIMITED. Trading will continue with reduced face value, which may impact liquidity and pricing.

Investor Impact: Debenture holders on record date will receive partial redemption proceeds and interest payment, reducing their outstanding principal investment. Future returns will be calculated on the reduced face value of Rs. 37,500 per debenture.

Operational Impact: Trading Members need to ensure their systems are updated to reflect the reduced face value for accurate trade settlement and reporting from December 11, 2025 onwards.

Impact Justification

Part redemption of debentures affects debt security holders of FEDBANK FINANCIAL SERVICES LIMITED with reduced face value and interest payment on specific record date.