Description

VISTAAR FINANCIAL SERVICES PVT LTD 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) along with interest payment. The record date is set as December 11, 2025, and trading in these debentures will commence with a reduced face value of Rs. 25,000 per debenture effective from the same date under settlement number DR-775/2025-2026.

Key Points

  • Company: VISTAAR FINANCIAL SERVICES PVT LTD
  • Debenture: VFSPL-9.75%-26-3-26-PVT
  • ISIN: INE016P07203
  • Scrip Code: 975544
  • Record Date: December 11, 2025
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • New 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 informing about part redemption of existing debentures.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from December 11, 2025
  • Settlement adjustments must be made according to settlement number DR-775/2025-2026
  • Debenture holders on record date (December 11, 2025) will be eligible for interest payment and part redemption

Important Dates

  • Notice Date: December 8, 2025
  • Record Date: December 11, 2025
  • Effective Date for Reduced Face Value: December 11, 2025
  • Settlement Number: DR-775/2025-2026

Impact Assessment

Debenture Holders: Holders of VISTAAR FINANCIAL SERVICES debentures (ISIN: INE016P07203) will receive partial redemption proceeds along with interest payment. The face value per debenture reduces to Rs. 25,000, indicating a partial repayment structure.

Trading Impact: From December 11, 2025, all trades in these debentures will be executed at the reduced face value of Rs. 25,000 per unit. Trading members must update their systems and processes to reflect this change.

Market Operations: Standard corporate action with defined settlement process (DR-775/2025-2026). No disruption to normal trading expected, but participants must ensure proper accounting of the face value reduction.

Impact Justification

Part redemption of debentures impacts holders of specific debt instrument (ISIN: INE016P07203) with reduced face value from original to Rs. 25,000 per debenture. Medium impact as it affects specific debenture holders and requires settlement adjustments.