Description

MIDLAND MICROFIN LIMITED has fixed record date for payment of interest and part redemption on Non-Convertible Debentures with reduced face value effective from December 26, 2025.

Summary

MIDLAND MICROFIN LIMITED has announced part redemption of its Non-Convertible Debentures along with interest payment. The record date has been set as December 27, 2025, and trading in these debentures will commence with reduced face value from December 26, 2025.

Key Points

  • Company: MIDLAND MICROFIN LIMITED
  • ISIN: INE884Q07715
  • Security Code: 975816 (MML-8.69%-11-7-26-PVT)
  • Record Date: December 27, 2025
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 28,570/- per Debenture
  • Effective Date: December 26, 2025
  • Settlement Number: DR-785/2025-2026

Regulatory Changes

None specified in this circular.

Compliance Requirements

  • Trading Members must note that trading in the debentures will be conducted with the reduced face value effective from December 26, 2025
  • The record date for determining eligible debenture holders for interest payment and part redemption is December 27, 2025

Important Dates

  • December 15, 2025: Notice date
  • December 26, 2025: Effective date for trading with reduced face value (Settlement No. DR-785/2025-2026)
  • December 27, 2025: Record date for part redemption and interest payment

Impact Assessment

This part redemption will impact holders of MIDLAND MICROFIN LIMITED’s Non-Convertible Debentures (ISIN: INE884Q07715). Debenture holders on record as of December 27, 2025 will receive partial redemption proceeds and interest payment. The face value of outstanding debentures will be reduced to Rs. 28,570/- per debenture, which will affect the trading value and yield calculations going forward. Trading members need to update their systems to reflect the reduced face value from December 26, 2025.

Impact Justification

Part redemption of debentures affects debt security holders with specific record date and reduced face value. Impact limited to MIDLAND MICROFIN debenture holders.