Description

SRG Housing Finance Limited announces part redemption of non-convertible debentures with reduced face values effective December 9 and 12, 2025.

Summary

SRG Housing Finance Limited has announced part redemption of two series of non-convertible debentures along with interest payment. Two debenture series will trade with reduced face values from their respective effective dates - December 9, 2025 and December 12, 2025.

Key Points

  • Part redemption announced for two debenture series of SRG Housing Finance Limited
  • ISIN INE559N07066 (Scrip Code 977242): 11.52% debentures maturing April 24, 2031
  • ISIN INE559N07058 (Scrip Code 977076): 11.52% debentures maturing March 1, 2031
  • Both series will undergo part redemption with payment of interest
  • Trading to continue with reduced face values post-redemption

Regulatory Changes

No regulatory changes introduced. This is a corporate action notice as per existing debt market regulations.

Compliance Requirements

  • Trading members must note the reduced face values for the debentures from the effective dates
  • All trading in these debentures must reflect the new reduced face values post-redemption
  • Members must ensure proper settlement with the revised face values

Important Dates

Series 1 (INE559N07066 - Scrip Code 977242):

  • Record Date: December 9, 2025
  • Effective Date of Reduced Face Value: December 9, 2025
  • Settlement Number: DR-773/2025-2026
  • New Face Value: Rs. 96,969.70 per debenture

Series 2 (INE559N07058 - Scrip Code 977076):

  • Record Date: December 14, 2025
  • Effective Date of Reduced Face Value: December 12, 2025
  • Settlement Number: DR-776/2025-2026
  • New Face Value: Rs. 93,939.39 per debenture

Impact Assessment

Market Impact: Low - This is a routine corporate action affecting only debenture holders of SRG Housing Finance Limited. No broader market implications expected.

Investor Impact: Low to Medium - Debenture holders will receive partial redemption proceeds along with interest payment. Post-redemption, their holdings will reflect reduced face values, which is standard for part redemption events.

Trading Impact: Minimal - Trading members need to update face values in their systems. No trading suspension or disruption expected as debentures will continue trading with reduced face values from the effective dates.

Impact Justification

Routine corporate action affecting specific debenture holders of a single issuer with predetermined redemption schedules