Description

MAHAVEER FINANCE INDIA LIMITED announces part redemption of debentures and interest payment with reduced face value effective December 15, 2025.

Summary

MAHAVEER FINANCE INDIA LIMITED has announced part redemption of its 11.5% Non-Convertible Debentures maturing on December 30, 2028, along with interest payment. The record date is set as December 15, 2025, and trading will commence with reduced face value from the same date. The face value per debenture will be reduced from the original amount to Rs. 92,307.69.

Key Points

  • Company: MAHAVEER FINANCE INDIA LIMITED
  • Debenture Series: MFIL-11.5%-30-12-28-PVT
  • ISIN: INE911L07147
  • Scrip Code: 977182
  • Record Date: December 15, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 92,307.69 per debenture
  • Effective Date: December 15, 2025
  • Settlement Number: DR-777/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification as per existing debt securities regulations.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from December 15, 2025
  • All trading and settlement systems should reflect the new face value of Rs. 92,307.69 per debenture from the effective date
  • Members should update their records and inform clients holding these debentures about the part redemption and reduced face value

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
  • Debenture Maturity Date: December 30, 2028

Impact Assessment

Debenture Holders: Holders of these debentures will receive partial redemption proceeds along with interest payment. The face value reduction to Rs. 92,307.69 indicates approximately 7.69% redemption of the original face value.

Market Impact: Limited impact as this affects a specific private placement debenture series. The part redemption is a scheduled corporate action and should not cause market disruption.

Trading Impact: Trading will continue with adjusted face value from December 15, 2025. All pending orders and positions should be adjusted to reflect the new face value for proper valuation and settlement.

Impact Justification

Part redemption affects specific debenture holders with reduced face value from Rs. 100,000 to Rs. 92,307.69. Standard corporate action with limited broader market impact.