Description
Muthoot Microfin Limited announces part redemption of non-convertible debentures with reduced face value effective December 16, 2025.
Summary
Muthoot Microfin Limited has announced part redemption of its non-convertible debentures along with interest payment. The record date has been fixed as December 16, 2025, and trading in these debentures will commence with reduced face value from the same date.
Key Points
- Company: Muthoot Microfin Limited
- Security: MML-10.75%-7-7-26-PVT (ISIN: INE046W07255, Scrip Code: 974966)
- Record Date: December 16, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 25,000 per debenture
- Effective Date: December 16, 2025 (Settlement No. DR-778/2025-2026)
Regulatory Changes
No regulatory changes. 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
- Trading members should update their systems to reflect the new face value of Rs. 25,000 per debenture
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
Impact on Debenture Holders: Debenture holders as of the record date will receive partial redemption proceeds and accrued interest. The face value of their holdings will reduce to Rs. 25,000 per debenture.
Impact on Trading: From December 16, 2025, all trading in these debentures will reflect the reduced face value. Trading members and investors must adjust their valuations and positions accordingly.
Market Impact: Limited broader market impact as this is a routine corporate action affecting only holders of this specific debenture series.
Impact Justification
Routine corporate action affecting debenture holders with part redemption and face value reduction, important for debt security holders to note trading changes