Description

SATYA MICROCAPITAL LIMITED has fixed record dates for payment of interest and part redemption of non-convertible debentures with reduced face values effective from specified dates.

Summary

SATYA MICROCAPITAL LIMITED has announced part redemption of its non-convertible debentures along with interest payment. Three series of debentures will have their face values reduced with record dates set for December 20, 2025 and December 31, 2025. Trading in these debentures will commence with reduced face values from December 19, 2025 and December 31, 2025 respectively.

Key Points

  • Three series of debentures are subject to part redemption: SML-12%-28-2-26-PVT, SML-14.27%-8-7-26-PVT (two ISINs)
  • Record dates fixed for determining eligible debenture holders for interest payment and part redemption
  • Face values will be reduced significantly after redemption
  • Trading Members notified to update trading systems with reduced face values

Debenture Details

Series 1: SML-12%-28-2-26-PVT

  • ISIN: INE982X07424
  • Scrip Code: 975440
  • Record Date: December 20, 2025
  • Reduced Face Value: Rs. 8,333.32 per debenture
  • Effective Date: December 19, 2025
  • Settlement Number: DR-781/2025-2026

Series 2: SML-14.27%-8-7-26-PVT

  • ISIN: INE982X08034
  • Scrip Code: 958878
  • Record Date: December 31, 2025
  • Reduced Face Value: Rs. 3.60 per debenture
  • Effective Date: December 31, 2025
  • Settlement Number: DR-788/2025-2026

Series 3: SML-14.27%-8-7-26-PVT

  • ISIN: INE982X08042
  • Scrip Code: 958911
  • Record Date: December 31, 2025
  • Reduced Face Value: Rs. 3.60 per debenture
  • Effective Date: December 31, 2025
  • Settlement Number: DR-788/2025-2026

Compliance Requirements

  • Trading Members must update their systems to reflect the reduced face values from the effective dates
  • Trading in the debentures will continue with reduced face values post-redemption
  • Members should inform their clients holding these debentures about the part redemption and interest payment

Important Dates

  • December 19, 2025: Effective date for reduced face value trading (Series 1)
  • December 20, 2025: Record date for Series 1 (SML-12%-28-2-26-PVT)
  • December 31, 2025: Record date and effective date for Series 2 and 3 (SML-14.27%-8-7-26-PVT)

Impact Assessment

This part redemption will return capital to debenture holders while reducing the outstanding face value of the instruments. The substantial reduction in face values (especially for Series 2 and 3 down to Rs. 3.60) indicates significant partial redemption. Debenture holders will receive both interest payments and partial principal repayment. Trading Members need to ensure their systems are updated to reflect the new face values to maintain accurate pricing and settlement.

Impact Justification

Part redemption of debentures affects debt instrument holders with reduced face values; routine corporate action for debenture holders