Description
Northern Arc Capital Ltd. announces 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) along with interest payment. The record date is set for December 16, 2025, and trading in the debentures will commence with a reduced face value from the same date.
Key Points
- Company: Northern Arc Capital Ltd.
- Security: NAC-9.65%-27-3-27-PVT (Non-Convertible Debentures)
- ISIN: INE850M07467
- Scrip Code: 975570
- Purpose: Part redemption of debentures and payment of interest
- Reduced face value: Rs. 41,666.67 per debenture
- Debentures will trade with reduced face value from effective date
Regulatory Changes
No regulatory changes introduced. This is a routine corporate action notification.
Compliance Requirements
- Trading members must note that trading in the debentures will be with reduced face value effective from December 16, 2025
- Settlement number: DR-778/2025-2026
Important Dates
- Record Date: December 16, 2025
- Effective Date: December 16, 2025
- Notice Date: December 11, 2025
Impact Assessment
This is a routine part redemption of debentures with limited market impact. Only holders of Northern Arc Capital Ltd.’s specific debt security (NAC-9.65%-27-3-27-PVT) are affected. The reduced face value of Rs. 41,666.67 per debenture will apply to trading from the effective date. Trading members need to update their systems to reflect the reduced face value for accurate pricing and settlement.
Impact Justification
Routine part redemption of debentures affecting only debt security holders of Northern Arc Capital Ltd. Limited market-wide impact as it concerns a specific debt instrument.