Description

MIDLAND MICROFIN LIMITED has announced part redemption of debentures with record date on December 27, 2025, and reduced face value effective from December 26, 2025.

Summary

MIDLAND MICROFIN LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE884Q07715, Code: MML-8.69%-11-7-26-PVT, Scrip Code: 975816) along with payment of interest. Trading members are informed that trading in these debentures will commence with a reduced face value effective from December 26, 2025.

Key Points

  • Part redemption of non-convertible debentures by MIDLAND MICROFIN LIMITED
  • Record date fixed for payment of interest and part redemption
  • Reduced face value of Rs. 28,570 per debenture
  • Trading with reduced face value effective from December 26, 2025
  • Settlement number: DR-785/2025-2026

Regulatory Changes

No regulatory changes introduced in this circular. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note the record date of December 27, 2025
  • Trading members must ensure trading reflects the reduced face value of Rs. 28,570 per debenture from December 26, 2025 onwards
  • Debenture holders must be aware of the part redemption and interest payment schedule

Important Dates

  • Notice Date: December 15, 2025
  • Effective Date of Reduced Face Value: December 26, 2025
  • Record Date: December 27, 2025 (for interest payment and part redemption)
  • Settlement Number: DR-785/2025-2026

Impact Assessment

Market Impact: Low - This is a routine corporate action affecting only holders of specific debentures (INE884Q07715) of MIDLAND MICROFIN LIMITED.

Operational Impact: Minimal - Trading members need to update their systems to reflect the reduced face value of Rs. 28,570 per debenture from December 26, 2025. This is a standard operational adjustment for debt securities undergoing part redemption.

Investor Impact: Debenture holders will receive interest payment and partial redemption as per the record date. The reduced face value reflects the return of principal through part redemption.

Impact Justification

Routine corporate action affecting only specific debenture holders of MIDLAND MICROFIN LIMITED with no broader market impact