Description
IKF Finance Limited has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective from December 16, 2025.
Summary
IKF Finance Limited has announced part redemption of its non-convertible debentures (ISIN: INE859C07212) along with interest payment. The record date is set for December 16, 2025, and trading in these debentures will commence with reduced face value from the same date.
Key Points
- Company: IKF Finance Limited
- Security: IKFFL-9.9%-30-12-27-PVT (ISIN: INE859C07212, Code: 976301)
- Record Date: December 16, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 66,666.68 per debenture
- Effective Date: December 16, 2025
- Settlement Number: DR-778/2025-2026
Regulatory Changes
No regulatory changes. This is a corporate action notice.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value effective from December 16, 2025
- All trading members are required to update their systems to reflect the new face value
Important Dates
- Notice Date: December 12, 2025
- Record Date: December 16, 2025
- Effective Date for Reduced Face Value: December 16, 2025
- Settlement: DR-778/2025-2026
Impact Assessment
Market Impact: Medium - Affects holders of specific IKF Finance Limited debentures series.
Operational Impact: Trading members must adjust their systems to reflect the reduced face value of Rs. 66,666.68 per debenture from December 16, 2025. The part redemption represents a return of capital to debenture holders while maintaining ongoing obligations at the reduced principal amount. Debenture holders on record as of December 16, 2025 will receive interest payment and partial redemption proceeds.
Impact Justification
Routine corporate action affecting specific debenture holders of IKF Finance Limited with moderate impact on debt securities trading