Description

Lendingkart Finance Limited has announced part redemption of two series of non-convertible debentures with record date of December 16, 2025, and payment of interest.

Summary

Lendingkart Finance Limited has fixed the record date as December 16, 2025, for part redemption of two series of non-convertible debentures and payment of interest. Trading in these debentures will commence with reduced face values effective from December 16, 2025, under settlement number DR-778/2025-2026.

Key Points

  • Two debenture series are subject to part redemption: 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 for both series: December 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Trading with reduced face value begins on December 16, 2025
  • Settlement number: DR-778/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a routine corporate action for debt securities.

Compliance Requirements

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

Important Dates

  • Notice Date: December 11, 2025
  • Record Date: December 16, 2025
  • Effective Date for Reduced Face Value Trading: December 16, 2025
  • Settlement Number: DR-778/2025-2026

Impact Assessment

Market Impact: Medium - affects holders of specific debenture series of Lendingkart Finance Limited.

Operational Impact: Trading members must adjust their systems to reflect reduced face values:

  • LFL-13.25%-15-9-26-PVT: Reduced face value of Rs. 50,200 per debenture
  • LFL-13.25%-31-12-26-PVT: Reduced face value of Rs. 66,800 per debenture

Investor Impact: Debenture holders will receive partial redemption proceeds and interest payment, reducing their outstanding investment in these securities.

Impact Justification

Part redemption of debentures affects debt security holders of Lendingkart Finance Limited. Impact is limited to specific debenture holders but requires attention for settlement and reduced face value trading.