Description

BSE notifies part redemption of non-convertible debentures of Varthana Finance Private Limited with reduced face value effective December 12, 2025.

Summary

BSE has notified that Varthana Finance Private Limited will undertake part redemption of its non-convertible debentures (ISIN: INE125T07337, Scrip Code: 976568) with a record date of December 12, 2025. The debenture face value will be reduced to Rs. 70,000 per debenture, and trading will commence with the reduced face value from the same date under settlement number DR-776/2025-2026.

Key Points

  • Company: VARTHANA FINANCE PRIVATE LIMITED
  • Debenture Code: VFPL-11.35%-27-9-27-PVT
  • ISIN: INE125T07337
  • Scrip Code: 976568
  • Record Date: December 12, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 70,000 per debenture
  • Effective Date: December 12, 2025
  • Settlement Number: DR-776/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification as per existing BSE debt market procedures.

Compliance Requirements

  • Trading members must note that trading in these debentures will be conducted with the reduced face value of Rs. 70,000 per debenture from December 12, 2025
  • Members should update their systems to reflect the new face value for accurate trade processing
  • Investors holding debentures on the record date will be eligible for interest payment and part redemption proceeds

Important Dates

  • December 8, 2025: Circular notification date
  • 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)

Impact Assessment

Market Impact: Limited to holders of this specific debt security. The part redemption will return capital to debenture holders while reducing the outstanding principal amount.

Operational Impact: Trading members need to ensure their systems reflect the reduced face value from the effective date to prevent settlement discrepancies.

Investor Impact: Debenture holders on record date will receive partial redemption proceeds and interest payment, reducing their investment exposure while maintaining holding in reduced face value debentures.

Impact Justification

Routine corporate action affecting specific debt security holders with part redemption and face value adjustment