Description

LAXMI INDIA FINANCE LIMITED has fixed Record Date of December 13, 2025 for part redemption of debentures and interest payment, reducing face value to Rs. 50,000 per debenture effective December 12, 2025.

Summary

BSE has notified that LAXMI INDIA FINANCE LIMITED has fixed December 13, 2025 as the Record Date for part redemption of Non-Convertible Debentures (ISIN: INE06WU07064, Scrip Code: 975797) and payment of interest. The face value of the debentures will be reduced to Rs. 50,000 per debenture, effective from December 12, 2025 (Settlement No. DR-776/2025-2026).

Key Points

  • Company: LAXMI INDIA FINANCE LIMITED
  • ISIN: INE06WU07064
  • Scrip Code: 975797
  • Record Date: December 13, 2025
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 50,000 per Debenture
  • Effective Date: December 12, 2025
  • Settlement Number: DR-776/2025-2026
  • Trading in debentures will be with reduced face value from effective date

Regulatory Changes

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

Compliance Requirements

  • Trading Members must note that trading in the debentures will be conducted with the reduced face value effective from December 12, 2025
  • Members should update their systems to reflect the new face value for settlement purposes
  • Debenture holders on record as of December 13, 2025 will be eligible for interest payment and part redemption

Important Dates

  • December 8, 2025: Circular issued
  • December 12, 2025: Effective date for reduced face value trading (Settlement DR-776/2025-2026)
  • December 13, 2025: Record Date for part redemption and interest payment

Impact Assessment

Market Impact: Medium - affects holders of LAXMI INDIA FINANCE LIMITED debentures

Operational Impact: Trading members need to adjust systems for the reduced face value from December 12, 2025. The part redemption returns capital to debenture holders while reducing the outstanding principal amount of the debt instrument.

Investor Impact: Debenture holders registered as of the record date will receive interest payment and partial return of principal through redemption at the reduced face value.

Impact Justification

Routine corporate action affecting debenture holders of LAXMI INDIA FINANCE LIMITED with part redemption and interest payment, impacting debt instrument valuation