Description

VISTAAR FINANCIAL SERVICES PVT LTD has set record date for part redemption of debentures and interest payment, with reduced face value effective December 15, 2025.

Summary

VISTAAR FINANCIAL SERVICES PVT LTD has fixed December 15, 2025 as the record date for part redemption of its non-convertible debentures (ISIN: INE016P07187, Code: 973892) and payment of interest. Trading in these debentures will be conducted with a reduced face value of Rs. 62,500 per debenture effective from December 15, 2025 (Settlement No. DR-777/2025-2026).

Key Points

  • Record date set for December 15, 2025
  • Part redemption of non-convertible debentures (3MTBILL-30-3-26-PVT series)
  • Interest payment to be made on record date
  • Face value reduced from implied Rs. 100,000 to Rs. 62,500 per debenture
  • ISIN: INE016P07187, BSE Code: 973892
  • Trading with reduced face value starts December 15, 2025

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the reduced face value effective from December 15, 2025
  • All trading in VISTAAR debentures must reflect the new face value of Rs. 62,500 per debenture from the effective date
  • Settlement number DR-777/2025-2026 applies for transactions with reduced face value

Important Dates

  • Record Date: December 15, 2025 - For determining eligibility for interest payment and part redemption
  • Effective Date: December 15, 2025 - Trading commences with reduced face value of Rs. 62,500 per debenture
  • Settlement Number: DR-777/2025-2026

Impact Assessment

This part redemption affects holders of VISTAAR FINANCIAL SERVICES PVT LTD debentures. The reduction in face value from approximately Rs. 100,000 to Rs. 62,500 represents a 37.5% part redemption. Debenture holders will receive partial principal repayment along with accrued interest on the record date. Post-redemption, the outstanding principal per debenture will be Rs. 62,500. This is a routine corporate action for debt securities and impacts only investors holding this specific series of debentures. Trading members must update systems to reflect the new face value to ensure accurate pricing and settlement.

Impact Justification

Part redemption affects debenture holders with reduced face value from Rs. 100,000 to Rs. 62,500 per debenture. Medium impact limited to debt security holders of this specific issuer.