Description
MAHAVEER FINANCE INDIA LIMITED has set record date for part redemption of non-convertible debentures and interest payment, with reduced face value effective December 15, 2025.
Summary
MAHAVEER FINANCE INDIA LIMITED has fixed the record date of December 15, 2025 for part redemption of its non-convertible debentures (ISIN: INE911L07147, Scrip Code: 977182) and payment of interest. Trading in these debentures will commence with reduced face value from the effective date.
Key Points
- Part redemption and interest payment for MFIL-11.5%-30-12-28-PVT debentures
- Record date: December 15, 2025
- Reduced face value: Rs. 92,307.69 per debenture
- Trading with reduced face value starts: December 15, 2025
- Settlement number: DR-777/2025-2026
- ISIN: INE911L07147
- Scrip code: 977182
Regulatory Changes
No regulatory changes. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note the reduced face value effective from December 15, 2025
- Debenture holders on record as of December 15, 2025 will be eligible for interest payment and part redemption
- All trades from the effective date must reflect the new reduced face value of Rs. 92,307.69 per debenture
Important Dates
- Notice Date: December 11, 2025
- Record Date: December 15, 2025
- Effective Date for Reduced Face Value: December 15, 2025
- Settlement Number: DR-777/2025-2026
Impact Assessment
This circular has limited market impact as it affects only holders of specific debentures issued by MAHAVEER FINANCE INDIA LIMITED. The part redemption will reduce the outstanding face value per debenture to Rs. 92,307.69, and eligible debenture holders will receive interest payment and partial principal repayment. Trading members need to update their systems to reflect the reduced face value from the effective date to ensure accurate pricing and settlement.
Impact Justification
Routine corporate action affecting specific debenture holders of a single company with limited market-wide impact