Description

Mahaveer Finance India Limited has fixed December 19, 2025 as the record date for part redemption of debentures and interest payment, with reduced face value of Rs. 25,000 per debenture.

Summary

Mahaveer Finance India Limited has announced part redemption of its non-convertible debentures (ISIN: INE911L07113, Code: 975806) with a record date of December 19, 2025. The debentures will trade with a reduced face value of Rs. 25,000 per debenture effective from the record date. The company will also make interest payments to eligible debenture holders.

Key Points

  • Part redemption and interest payment for MFIL 12% Non-Convertible Debentures maturing on July 3, 2026
  • ISIN: INE911L07113 (Code: 975806)
  • Reduced face value: Rs. 25,000 per debenture
  • Trading with reduced face value begins from the effective date
  • Settlement number: DR-781/2025-2026

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value effective December 19, 2025
  • Members should update their systems to reflect the new face value for trading purposes
  • Debenture holders on record as of December 19, 2025 will be eligible for interest payment and part redemption

Important Dates

  • Record Date: December 19, 2025
  • Effective Date for Reduced Face Value: December 19, 2025
  • Circular Date: December 17, 2025
  • Settlement Number: DR-781/2025-2026

Impact Assessment

This circular has medium impact on holders of Mahaveer Finance India Limited’s non-convertible debentures. The part redemption will return capital to debenture holders while reducing the outstanding face value of the securities. Trading members need to ensure their systems reflect the reduced face value from December 19, 2025 onwards. The impact is limited to debt security holders and does not affect equity markets or broader market operations.

Impact Justification

Part redemption of non-convertible debentures affects debt security holders with specific record date and reduced face value. Medium impact limited to debenture holders of Mahaveer Finance India Limited.