Description

NAVI FINSERV LIMITED has fixed the record date for part redemption of non-convertible debentures with reduced face value effective from December 12, 2025.

Summary

BSE has notified trading members about the part redemption of non-convertible debentures issued by NAVI FINSERV LIMITED. The company has set a record date of December 13, 2025, for the redemption. Trading in these debentures will commence with a reduced face value of Rs. 6,666.67 per debenture effective from December 12, 2025 (settlement number DR-776/2025-2026).

Key Points

  • Issuer: NAVI FINSERV LIMITED
  • Security: Non-Convertible Debentures (ISIN: INE342T07585, Code: 976584)
  • Security Description: NFL-11.16%-27-6-27-PVT
  • Record Date: December 13, 2025
  • Purpose: Part Redemption of Debentures
  • Reduced Face Value: Rs. 6,666.67 per debenture
  • Effective Date: December 12, 2025
  • Settlement Number: DR-776/2025-2026
  • Segment: Debt

Regulatory Changes

No regulatory changes. This is a standard corporate action notice for debt instrument redemption.

Compliance Requirements

  • Trading members must note that trading in NAVI FINSERV LIMITED debentures will be conducted with the reduced face value from the effective date
  • Members should update their systems to reflect the new face value of Rs. 6,666.67 per debenture
  • Debenture holders on record as of December 13, 2025, will be eligible for the part redemption

Important Dates

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

Impact Assessment

This corporate action has a limited and specific impact:

  • Debenture Holders: Holders of NAVI FINSERV LIMITED’s 11.16% non-convertible debentures will receive partial redemption proceeds. The remaining investment will have a reduced face value.
  • Trading Impact: Minimal market disruption expected as this is a single debt security with private placement characteristics (PVT designation)
  • Liquidity: The reduced face value may affect trading dynamics, though debt securities typically have limited secondary market activity
  • Company Impact: Part redemption reduces NAVI FINSERV LIMITED’s debt obligations as per the original debenture terms

Impact Justification

Routine corporate action affecting specific debenture holders with defined record date and reduced face value. Impact limited to debt instrument holders of NAVI FINSERV LIMITED.