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 December 11, 2025.
Summary
FEDBANK FINANCIAL SERVICES LIMITED has announced a part redemption of its Non-Convertible Debentures (ISIN: INE007N07041, Scrip Code: 974927) along with interest payment. The debentures will trade with a reduced face value of Rs. 37,500 per debenture effective December 11, 2025.
Key Points
- Record Date fixed as December 11, 2025 for part redemption and interest payment
- Debenture series: FFSL-SBIMCLR8.25%-26-6-27-PVT
- ISIN: INE007N07041
- Scrip Code: 974927
- Reduced face value: Rs. 37,500 per debenture
- Effective date: December 11, 2025
- Settlement number: DR-775/2025-2026
- Interest rate: 8.25% linked to SBIMCLR
- Maturity: June 26, 2027
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for debt securities.
Compliance Requirements
- Trading Members must note that trading in these debentures will be conducted with the reduced face value effective from December 11, 2025
- Members should update their systems to reflect the new face value for settlement purposes
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
This is a routine corporate action with medium impact limited to holders of these specific debentures. The part redemption reduces the outstanding face value to Rs. 37,500 per debenture, returning capital to investors while the debentures remain listed and tradable until maturity in June 2027. Trading members need to adjust their systems for the reduced face value to ensure accurate pricing and settlement.
Impact Justification
Routine corporate action for debenture holders involving part redemption and interest payment with face value reduction from original amount to Rs. 37,500 per debenture