Description
IKF Finance Limited announces part redemption of debentures with record date December 16, 2025, reducing face value to Rs. 66,666.68 per debenture.
Summary
IKF Finance Limited has set December 16, 2025 as the record date for part redemption of its 9.9% non-convertible debentures maturing on December 30, 2027, along with interest payment. The face value will be reduced to Rs. 66,666.68 per debenture effective from the same date.
Key Points
- Company: IKF Finance Limited
- ISIN: INE859C07212
- Scrip Code: 976301
- Debenture Series: IKFFL-9.9%-30-12-27-PVT
- Record Date: December 16, 2025
- Purpose: Part redemption and interest payment
- 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 introduced. This is a standard corporate action notification for debt securities.
Compliance Requirements
- Trading members must note that trading in these debentures will occur with reduced face value effective December 16, 2025
- Debenture holders on record as of December 16, 2025 will be eligible for the part redemption proceeds and interest payment
Important Dates
- Record Date: December 16, 2025
- Effective Date for Reduced Face Value: December 16, 2025
- Settlement: DR-778/2025-2026
Impact Assessment
This is a routine part redemption affecting only holders of this specific privately placed debenture series. The reduction in face value reflects the partial return of principal to debenture holders. Market impact is minimal as this is a private placement debt instrument with limited trading activity.
Impact Justification
Routine part redemption of privately placed debentures affecting specific debt instrument holders only, with no broader market impact