Description

Lendingkart Finance Limited has fixed record date of December 16, 2025 for part redemption and interest payment on two series of non-convertible debentures with reduced face values effective from the same date.

Summary

BSE has notified that Lendingkart Finance Limited has set December 16, 2025 as the record date for part redemption and interest payment on two series of its non-convertible debentures. Trading in these debentures will continue with reduced face values effective from December 16, 2025 (Settlement DR-778/2025-2026).

Key Points

  • Two series of debentures affected: LFL-13.25%-15-9-26-PVT (ISIN: INE090W07709, Scrip Code: 976113) and LFL-13.25%-31-12-26-PVT (ISIN: INE090W07725, Scrip Code: 976450)
  • Record date fixed as December 16, 2025 for determining eligible debenture holders
  • Purpose includes both part redemption of debentures and payment of interest
  • Reduced face value for first series: Rs. 50,200 per debenture
  • Reduced face value for second series: Rs. 66,800 per debenture
  • Trading with reduced face values effective from December 16, 2025

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the reduced face values effective from December 16, 2025
  • Trading in the affected debentures will continue with the new reduced face values from the effective date
  • Settlement number DR-778/2025-2026 applies to transactions with reduced face values

Important Dates

  • Notice Date: December 11, 2025
  • Record Date: December 16, 2025 (for part redemption and interest payment)
  • Effective Date for Reduced Face Value: December 16, 2025
  • Settlement Number: DR-778/2025-2026

Impact Assessment

This is a routine corporate action with limited market impact. It affects only holders of specific debenture series of Lendingkart Finance Limited, a private limited company. The part redemption will reduce the face value of the debentures, and trading members need to update their systems to reflect the new face values from December 16, 2025. The impact is confined to debt market participants holding or trading these specific securities.

Impact Justification

Routine corporate action affecting specific debenture holders of a private limited company with limited market-wide impact