Description
FEDBANK FINANCIAL SERVICES LIMITED has fixed record date for part redemption of debentures and interest payment, with reduced face value effective December 11, 2025.
Summary
FEDBANK FINANCIAL SERVICES LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date has been set as December 11, 2025, and trading in the debentures will commence with reduced face value from the same date.
Key Points
- Company: FEDBANK FINANCIAL SERVICES LIMITED
- 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 notification.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with reduced face value effective from December 11, 2025
- Debenture holders as on the record date (December 11, 2025) will be eligible for interest payment and part redemption
Important Dates
- Record Date: December 11, 2025
- Effective Date for Reduced Face Value: December 11, 2025
- Notice Date: December 02, 2025
Impact Assessment
Debenture Holders: Debenture holders will receive partial redemption proceeds and interest payment. The face value of remaining debentures will be reduced to Rs. 37,500 per debenture.
Trading Impact: Trading members need to adjust their systems to reflect the new reduced face value from December 11, 2025. All trades post this date will be executed at the reduced face value.
Liquidity: Part redemption provides liquidity to debenture holders while reducing the outstanding debt obligation of the company.
Impact Justification
Standard corporate action involving part redemption of debentures affecting debenture holders of FEDBANK FINANCIAL SERVICES LIMITED with reduced face value