Description

Varthana Finance Private Limited has fixed record date for part redemption and interest payment on NCDs, with reduced face value effective December 26, 2025.

Summary

Varthana Finance Private Limited has announced part redemption of its 11.25% Non-Convertible Debentures maturing on July 12, 2026 (ISIN: INE125T07287, Code: 977207). The record date is set for December 28, 2025, for both interest payment and part redemption. Trading in these debentures will occur with a reduced face value of Rs. 25,000 per debenture effective from December 26, 2025.

Key Points

  • Part redemption of Non-Convertible Debentures along with interest payment
  • ISIN: INE125T07287, Scrip Code: 977207
  • Debenture Series: VFPL-11.25%-12-7-26-UL-PVT
  • Reduced face value: Rs. 25,000 per debenture
  • Settlement Number: DR-785/2025-2026
  • Applicable to debt segment trading members

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the face value reduction effective from December 26, 2025
  • All trades from the effective date must reflect the reduced face value of Rs. 25,000 per debenture
  • Trading members should inform their clients holding these debentures about the part redemption and interest payment

Important Dates

  • Record Date: December 28, 2025 - For determining eligibility for part redemption and interest payment
  • Effective Date: December 26, 2025 - Trading with reduced face value begins (Settlement DR-785/2025-2026)
  • Notice Date: December 23, 2025

Impact Assessment

This is a routine corporate action with minimal market impact. It affects only holders of specific NCDs of Varthana Finance Private Limited. The part redemption will return capital to debenture holders while the securities continue to trade at reduced face value. Trading members dealing in debt instruments need to update their systems to reflect the new face value from the effective date. No broader market or regulatory implications are expected.

Impact Justification

Routine corporate action affecting specific debenture holders of a private limited company with limited market-wide impact