Description

SATIN HOUSING FINANCE LIMITED has set record date for interest payment and part redemption of non-convertible debentures, with trading to commence at reduced face value.

Summary

SATIN HOUSING FINANCE LIMITED has fixed the record date for payment of interest and part redemption of its non-convertible debentures (ISIN: INE02YC08016, Scrip Code: 959122). Trading in these debentures will commence with a reduced face value effective from December 16, 2025.

Key Points

  • Company: SATIN HOUSING FINANCE LIMITED
  • Debenture Series: SHFL-14%-31-12-2026-PVT
  • ISIN: INE02YC08016
  • Scrip Code: 959122
  • Record Date: December 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 5,000,000 per debenture
  • Effective Date: December 16, 2025
  • Settlement Number: DR-778/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action under existing debt securities regulations.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value from the effective date
  • Debenture holders must be on record as of December 16, 2025 to be eligible for interest payment and part redemption
  • Trading members should update their systems to reflect the reduced face value for settlement purposes

Important Dates

  • Record Date: December 16, 2025 - Eligibility for interest payment and part redemption
  • Effective Date: December 16, 2025 - Trading commences with reduced face value
  • Settlement: DR-778/2025-2026

Impact Assessment

For Debenture Holders: Holders as of the record date will receive interest payment and partial principal repayment. The face value reduction to Rs. 50 lakh per debenture reflects the part redemption amount being returned to investors.

For Trading Members: Systems and processes must be updated to reflect the reduced face value for trading and settlement from December 16, 2025 onwards. This ensures accurate pricing and settlement calculations post-redemption.

Market Impact: Limited broader market impact as this is a specific corporate action affecting only holders of this particular debenture series. The part redemption provides liquidity to debenture holders while reducing the company’s debt obligations.

Impact Justification

Medium importance as this affects debenture holders of SATIN HOUSING FINANCE LIMITED with specific record date and face value changes requiring investor awareness for corporate action participation.