Description

IKF Finance Limited has fixed record date of December 12, 2025 for part redemption of debentures and interest payment, with reduced face value effective from the same date.

Summary

IKF Finance Limited has announced part redemption of its Non-Convertible Debentures (ISIN: INE859C07162, Scrip Code: 975569) with a record date of December 12, 2025. The debentures will trade with a reduced face value of Rs. 41,667 per debenture effective from December 12, 2025. The company will also make interest payments on the record date.

Key Points

  • Part redemption of Non-Convertible Debentures of IKF Finance Limited (ifl-9.95%-27-3-27-pvt)
  • ISIN: INE859C07162, Scrip Code: 975569
  • Record date fixed for December 12, 2025
  • Reduced face value: Rs. 41,667 per debenture (down from original face value)
  • Trading with reduced face value begins December 12, 2025
  • Settlement number: DR-776/2025-2026
  • Simultaneous payment of interest on record date

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for part redemption of debentures.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value of Rs. 41,667 effective December 12, 2025
  • Debenture holders on record as of December 12, 2025 will be eligible for part redemption payment and interest
  • Trading members should update their systems to reflect the reduced face value in settlement DR-776/2025-2026

Important Dates

  • Record Date: December 12, 2025 - Eligibility date for part redemption and interest payment
  • Effective Date of Reduced Face Value: December 12, 2025
  • Settlement Number: DR-776/2025-2026
  • Circular Date: December 8, 2025

Impact Assessment

This circular has limited market impact as it affects only holders of specific debentures of IKF Finance Limited. The part redemption will return capital to debenture holders while reducing the outstanding principal amount. Trading members dealing in these debentures need to update their systems to reflect the new reduced face value of Rs. 41,667 per debenture from the effective date. The debt market segment will see routine processing of this corporate action with no broader market implications.

Impact Justification

Routine corporate action affecting specific debenture holders of IKF Finance Limited. Impact limited to holders of specific ISIN INE859C07162.