Description

JM Financial Home Loans Limited has fixed December 12, 2025 as the record date for part redemption of debentures and payment of interest, with reduced face value of Rs. 50,000 per debenture effective from the same date.

Summary

JM Financial Home Loans Limited has announced part redemption of its non-convertible debentures (ISIN: INE01A207153, Scrip Code: 975294) along with interest payment. The record date has been fixed as December 12, 2025, and trading in these debentures will be conducted with a reduced face value effective from the same date.

Key Points

  • Company: JM Financial Home Loans Limited
  • Security: Reset Rate Debentures maturing on December 29, 2027 (Private)
  • ISIN: INE01A207153
  • Scrip Code: 975294
  • Record Date: December 12, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • New Face Value: Rs. 50,000 per debenture (reduced)
  • Effective Date of Reduced Face Value: December 12, 2025
  • Settlement Number: DR-776/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 50,000 per debenture effective from December 12, 2025
  • All trading systems and records must be updated to reflect the new face value from the effective date
  • Members should ensure proper processing of the part redemption and interest payment for debenture holders as per the record date

Important Dates

  • December 8, 2025: Circular issued
  • December 12, 2025: Record date for part redemption and interest payment
  • December 12, 2025: Effective date for trading with reduced face value (Settlement DR-776/2025-2026)
  • December 29, 2027: Original maturity date of debentures

Impact Assessment

Market Impact: Medium - Affects trading of specific debenture series of JM Financial Home Loans Limited. Trading members need to update their systems to reflect the reduced face value.

Investor Impact: Medium - Debenture holders will receive partial redemption proceeds and interest payment. The face value reduction will affect the nominal value of holdings and future coupon calculations.

Operational Impact: Trading platforms and back-office systems must be updated to reflect the new face value from the effective date to ensure accurate trade processing and settlement.

Impact Justification

Routine corporate action affecting debenture holders of JM Financial Home Loans Limited with specific impact on debt security trading and face value reduction