Description

FEDBANK FINANCIAL SERVICES LIMITED announces part redemption of non-convertible debentures and interest payment with record date of December 11, 2025, reducing face value to Rs. 37,500 per debenture.

Summary

FEDBANK FINANCIAL SERVICES LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE007N07041, Scrip Code: 974927) along with interest payment. The record date is set for December 11, 2025, and trading will commence with reduced face value from the same date. The face value will be reduced to Rs. 37,500 per debenture.

Key Points

  • Part redemption of non-convertible debentures of FEDBANK FINANCIAL SERVICES LIMITED
  • ISIN: INE007N07041, Scrip Code: 974927
  • Debenture series: FFSL-SBIMCLR8.25%-26-6-27-PVT
  • Reduced face value: Rs. 37,500 per debenture
  • Trading with reduced face value effective from December 11, 2025
  • Settlement number: DR-775/2025-2026

Regulatory Changes

No regulatory changes. This is a corporate action notification as per standard debt market procedures.

Compliance Requirements

  • Trading members must note the record date for entitlement purposes
  • Trading members must update systems to reflect the reduced face value of Rs. 37,500 per debenture from December 11, 2025
  • Debenture holders on record as of December 11, 2025 will be entitled to part redemption proceeds and interest payment

Important Dates

  • Record Date: December 11, 2025 - For determining eligibility for part redemption and interest payment
  • Effective Date of Reduced Face Value: December 11, 2025
  • Settlement Number: DR-775/2025-2026
  • Circular Date: December 02, 2025

Impact Assessment

This corporate action has medium impact on debenture holders and trading members:

  • Debenture Holders: Holders as of record date will receive part redemption proceeds and interest payment, reducing their principal exposure
  • Trading Members: Must update trading systems to reflect new face value of Rs. 37,500 per debenture from December 11, 2025
  • Market Operations: Trading will continue with reduced face value from the effective date
  • Liquidity: Part redemption reduces outstanding debenture volume in the market

Impact Justification

Part redemption affects debenture holders of FEDBANK FINANCIAL SERVICES LIMITED with face value reduction, requiring tracking for debt market participants