Description

Vistaar Financial Services has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective December 11, 2025.

Summary

Vistaar Financial Services Pvt Ltd has announced part redemption of its non-convertible debentures (ISIN: INE016P07203, Scrip Code: 975544) with simultaneous interest payment. Trading members are notified that the debentures will trade with reduced face value of Rs. 25,000 per debenture effective December 11, 2025.

Key Points

  • Company: Vistaar Financial Services Pvt Ltd
  • Security: VFSPL-9.75%-26-3-26-PVT (Non-Convertible Debentures)
  • ISIN: INE016P07203
  • Scrip Code: 975544
  • Record Date: December 11, 2025
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 25,000 per debenture
  • Effective Date: December 11, 2025
  • Settlement Number: DR-775/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a corporate action notice regarding existing debt securities.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value from December 11, 2025
  • All trades executed on or after the effective date will reflect the new reduced face value of Rs. 25,000 per debenture
  • Settlement to be processed under DR-775/2025-2026

Important Dates

  • Notice Date: December 8, 2025
  • Record Date: December 11, 2025
  • Effective Date for Reduced Face Value: December 11, 2025

Impact Assessment

This corporate action impacts holders of Vistaar Financial Services’ 9.75% non-convertible debentures maturing on March 26, 2026. The part redemption reduces the outstanding principal amount per debenture to Rs. 25,000. Debenture holders will receive:

  1. Interest payment on the original face value
  2. Partial redemption proceeds (difference between original and reduced face value)

Post-redemption, the debentures will continue trading at the reduced face value until final maturity. This is a scheduled corporate action with medium impact limited to specific debt security holders.

Impact Justification

Part redemption of debentures affecting specific debt security holders with face value reduction from original amount to Rs. 25,000 per debenture