Description

LAXMI INDIA FINANCE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective from December 12, 2025.

Summary

LAXMI INDIA FINANCE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date has been fixed as December 13, 2025, and trading in the debentures will commence with reduced face value of Rs. 50,000 per debenture effective from December 12, 2025 (settlement number 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
  • Notice Number: 20251208-55

Regulatory Changes

No regulatory framework changes. This is a corporate action notification under existing debt securities regulations.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value from the effective date
  • Debenture holders on record as of December 13, 2025 will be eligible for interest payment and part redemption
  • Trading members should update their systems to reflect the reduced face value of Rs. 50,000 per debenture

Important Dates

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

Impact Assessment

This corporate action has medium impact on debenture holders of LAXMI INDIA FINANCE LIMITED. The part redemption reduces the outstanding face value of each debenture to Rs. 50,000, returning capital to investors while maintaining their debenture holdings at a reduced value. Trading members and debenture holders need to be aware of the face value change for accurate position tracking and valuation. The action provides liquidity to debenture holders through partial capital return while continuing the debt instrument.

Impact Justification

Routine corporate action for debt securities affecting debenture holders of LAXMI INDIA FINANCE LIMITED with specific record date and face value reduction