Description

SATIN CREDITCARE NETWORK LIMITED has fixed record date for part redemption and interest payment on non-convertible debentures with reduced face value effective from December 15, 2025.

Summary

BSE has notified that SATIN CREDITCARE NETWORK LIMITED (SCNL-15.50%-31-12-26-PVT, ISIN: INE836B08202, Code: 959126) has fixed a record date for part redemption of its non-convertible debentures and payment of interest. Trading in these debentures will commence with a reduced face value of Rs. 500,000 per debenture effective from December 15, 2025.

Key Points

  • Company: SATIN CREDITCARE NETWORK LIMITED
  • Debenture Series: SCNL-15.50%-31-12-26-PVT
  • ISIN: INE836B08202
  • BSE Code: 959126
  • Coupon Rate: 15.50%
  • Maturity Date: December 31, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 500,000 per debenture
  • Settlement Number: DR-777/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value from the effective date
  • All market participants should update their records to reflect the new face value of Rs. 500,000 per debenture
  • Settlement procedures must account for the part redemption and face value reduction

Important Dates

  • Notice Date: December 10, 2025
  • Record Date: December 15, 2025
  • Effective Date for Reduced Face Value: December 15, 2025
  • Settlement Number: DR-777/2025-2026

Impact Assessment

Debenture Holders: Will receive part redemption proceeds and interest payment. The remaining debenture holdings will have a reduced face value of Rs. 500,000 per unit.

Market Impact: Limited to holders of this specific debenture series. Trading will continue with adjusted face value from December 15, 2025.

Operational Impact: Trading members and custodians need to update their systems to reflect the reduced face value for accurate position tracking and settlement.

Impact Justification

Affects debenture holders of SATIN CREDITCARE NETWORK LIMITED through part redemption and face value reduction. Material impact on debt security holders but limited to specific debenture series.