Description

Northern Arc Capital Ltd. has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective December 16, 2025.

Summary

Northern Arc Capital Ltd. has announced part redemption of its non-convertible debentures (ISIN: INE850M07467, Scrip Code: 975570) with a record date of December 16, 2025. The debentures (NAC-9.65%-27-3-27-PVT) will trade with reduced face value of Rs. 41,666.67 per debenture effective from December 16, 2025 under settlement number DR-778/2025-2026.

Key Points

  • Company: Northern Arc Capital Ltd.
  • Security: NAC-9.65%-27-3-27-PVT (Non-Convertible Debentures)
  • ISIN: INE850M07467
  • Scrip Code: 975570
  • Record Date: December 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 41,666.67 per debenture
  • Effective Date: December 16, 2025
  • Settlement Number: DR-778/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from December 16, 2025
  • All trading and settlement activities must reflect the new reduced face value from the effective date

Important Dates

  • Notice Date: December 11, 2025
  • Record Date: December 16, 2025
  • Effective Date for Reduced Face Value: December 16, 2025
  • Settlement Number: DR-778/2025-2026

Impact Assessment

This part redemption represents a routine debt servicing action by Northern Arc Capital Ltd. Debenture holders on record as of December 16, 2025 will receive interest payment and partial redemption proceeds. The face value reduction to Rs. 41,666.67 per debenture will impact the trading price and outstanding principal amount. Trading members and debenture holders should adjust their records and systems accordingly to reflect the new face value for all transactions from the effective date.

Impact Justification

Standard debenture redemption affecting specific debt security holders with reduced face value. Material event for debenture holders but routine corporate action.