Description

Varthana Finance Private Limited has announced part redemption of debentures with record date December 11, 2025, reducing face value to Rs. 37,500 per debenture.

Summary

Varthana Finance Private Limited has fixed the record date for part redemption of its 11.5% non-convertible debentures maturing on September 27, 2026 (ISIN: INE125T07303, Scrip Code: 976059). The debentures will trade with reduced face value effective December 11, 2025, along with payment of interest to eligible holders.

Key Points

  • Company: Varthana Finance Private Limited
  • Debenture: 11.5% Non-Convertible Debentures maturing September 27, 2026
  • ISIN: INE125T07303
  • BSE Scrip Code: 976059
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 37,500 per debenture
  • Trading with reduced face value begins December 11, 2025
  • Settlement number: DR-775/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debt instruments.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value from the effective date
  • Investors must hold debentures as of record date to be eligible for part redemption proceeds and interest payment
  • Trading members should update their systems to reflect the reduced face value

Important Dates

  • Notice Date: December 2, 2025
  • Record Date: December 11, 2025
  • Effective Date for Reduced Face Value: December 11, 2025
  • Settlement: DR-775/2025-2026

Impact Assessment

Impact on Debenture Holders: Medium impact for holders of these specific debentures who will receive partial redemption proceeds and interest payment. The reduced face value reflects the return of principal through part redemption.

Market Impact: Low to medium - affects only holders of this specific private placement debenture series. The part redemption reduces outstanding debt and returns capital to investors while maintaining the instrument with a lower face value for remaining tenure until September 2026 maturity.

Liquidity: The reduced face value may affect trading dynamics and pricing calculations for remaining debenture holders.

Impact Justification

Standard debt corporate action affecting specific debenture holders with part redemption and interest payment