Description

Varthana Finance Private Limited has fixed record date for payment of interest and part redemption of Non-Convertible Debentures with reduced face value effective December 11, 2025.

Summary

Varthana Finance Private Limited has announced a part redemption of its Non-Convertible Debentures (ISIN: INE125T07303, Scrip Code: 976059) along with interest payment. The record date has been set for December 11, 2025, and trading in these debentures will commence with a reduced face value from the same date.

Key Points

  • Company: VARTHANA FINANCE PRIVATE LIMITED
  • Scrip Code: 976059
  • ISIN: INE125T07303
  • Security Type: 11.5% Non-Convertible Debentures maturing September 27, 2026
  • Record Date: December 11, 2025
  • Reduced Face Value: Rs. 37,500 per debenture
  • Effective Date: December 11, 2025
  • Settlement Number: DR-775/2025-2026

Corporate Action Details

The company will undertake part redemption of debentures and payment of interest to debenture holders. Trading members are informed that trading in these debentures will be conducted at the reduced face value with effect from December 11, 2025.

Compliance Requirements

  • Trading Members must note the reduced face value effective from December 11, 2025
  • All trades in the debentures (Scrip Code 976059) from the effective date must reflect the new reduced face value of Rs. 37,500 per debenture
  • Trading Members should update their systems to reflect the part redemption and reduced face value

Important Dates

  • Notice Date: December 02, 2025
  • Record Date: December 11, 2025 (for determining eligible debenture holders for interest payment and part redemption)
  • Effective Date for Reduced Face Value: December 11, 2025
  • Settlement: DR-775/2025-2026

Impact Assessment

This corporate action has a moderate impact limited to holders of Varthana Finance’s 11.5% debentures. The part redemption will return capital to debenture holders while reducing the outstanding principal amount. Trading members dealing in this specific debt instrument must ensure their systems reflect the reduced face value to avoid settlement issues. The debenture will continue trading at the reduced face value until its maturity date of September 27, 2026.

Impact Justification

Affects specific debenture holders of Varthana Finance with part redemption reducing face value from original amount to Rs. 37,500 per debenture. Limited to debt segment investors holding this specific scrip.