Description

Part redemption of Non-Convertible Debentures of NAVI FINSERV LIMITED with reduced face value effective December 12, 2025.

Summary

NAVI FINSERV LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE342T07585, Scrip Code: 976584) with a record date of December 13, 2025. The face value of the debentures will be reduced to Rs. 6,666.67 per debenture, effective from December 12, 2025 (Settlement No. DR-776/2025-2026). Trading in these debentures will commence with the reduced face value from the effective date.

Key Points

  • Company: NAVI FINSERV LIMITED
  • Security: NFL-11.16%-27-6-27-PVT Non-Convertible Debentures
  • ISIN: INE342T07585
  • Scrip Code: 976584
  • Record Date: December 13, 2025
  • Reduced Face Value: Rs. 6,666.67 per debenture
  • Effective Date: December 12, 2025
  • Settlement Number: DR-776/2025-2026
  • Notice Number: 20251208-63

Regulatory Changes

No regulatory framework changes. This is a standard corporate action for part redemption of debt securities.

Compliance Requirements

  • Trading Members must note that trading in the debentures will be conducted with the reduced face value from December 12, 2025
  • Investors holding these debentures as of the record date (December 13, 2025) will be eligible for the part redemption
  • Trading Members should update their systems to reflect the new face value

Important Dates

  • December 8, 2025: Notice date
  • December 12, 2025: Effective date for trading with reduced face value (Settlement DR-776/2025-2026)
  • December 13, 2025: Record date for determining eligible debenture holders

Impact Assessment

Market Impact: Medium - Affects holders of NAVI FINSERV LIMITED debentures (ISIN: INE342T07585). The part redemption reduces the outstanding face value to Rs. 6,666.67 per debenture.

Investor Impact: Debenture holders as of record date will receive partial repayment, reducing their principal exposure. Trading will continue with reduced face value post-effective date.

Operational Impact: Trading Members need to update systems to reflect the new face value for accurate trading and settlement of these debentures from December 12, 2025.

Impact Justification

Routine corporate action affecting debenture holders of NAVI FINSERV LIMITED with specific face value reduction from December 12, 2025