Description

GREAVES FINANCE LIMITED has fixed the record date for payment of interest and part redemption of non-convertible debentures, with reduced face value effective from December 12, 2025.

Summary

GREAVES FINANCE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date is fixed as December 13, 2025, and trading will commence with reduced face value from December 12, 2025. The face value will be reduced from Rs. 100,000 per debenture to Rs. 87,499 per debenture.

Key Points

  • Company: GREAVES FINANCE LIMITED
  • ISIN: INE1QWF07014
  • Scrip Code: 977162
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 87,499 per debenture (from Rs. 100,000)
  • Redemption Amount: Rs. 12,501 per debenture
  • Trading with reduced face value begins December 12, 2025 (Settlement No. DR-776/2025-2026)

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that trading in the debentures will be with reduced face value effective from December 12, 2025
  • All trades executed from the effective date onwards must reflect the new face value of Rs. 87,499 per debenture
  • Members should update their systems accordingly to reflect the post-redemption face value

Important Dates

  • Record Date: December 13, 2025 - For determining eligible debenture holders for interest payment and part redemption
  • Effective Date: December 12, 2025 - Trading commences with reduced face value
  • Settlement Number: DR-776/2025-2026

Impact Assessment

Debenture Holders: Holders of GREAVES FINANCE LIMITED debentures (ISIN: INE1QWF07014) as on the record date will receive part redemption proceeds of Rs. 12,501 per debenture along with interest payment. The remaining investment will continue with reduced face value.

Market Impact: Limited impact as this is a routine debt security corporate action affecting only holders of this specific debenture series. Trading will continue normally with adjusted face value from December 12, 2025.

Operational Impact: Trading members need to ensure their systems reflect the new face value for accurate pricing and settlement of trades executed on or after the effective date.

Impact Justification

Routine corporate action affecting specific debenture holders of GREAVES FINANCE LIMITED with defined record date and reduced face value