Description

IKF Finance Limited has fixed record date of January 2, 2026 for part redemption of debentures and interest payment, with reduced face value of Rs. 58,333.35 per debenture effective from same date.

Summary

IKF Finance Limited has announced part redemption of its Non-Convertible Debentures along with interest payment. The record date has been set as January 2, 2026, and trading in these debentures will commence with a reduced face value effective from the same date.

Key Points

  • Company: IKF Finance Limited
  • ISIN: INE859C07196
  • Scrip Code: 976110
  • Record Date: January 2, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • New reduced face value: Rs. 58,333.35 per debenture
  • Effective date of reduced face value: January 2, 2026
  • Settlement Number: DR-790/2025-2026
  • Debenture Type: Non-Convertible Debentures (9% coupon, maturity October 17, 2027, Private)

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notice.

Compliance Requirements

Trading members of BSE are required to:

  • Note that trading in the debentures will be conducted with the reduced face value effective from January 2, 2026
  • Ensure proper settlement as per the designated settlement number DR-790/2025-2026

Important Dates

  • Record Date: January 2, 2026 - Eligibility date for part redemption and interest payment
  • Effective Date: January 2, 2026 - Date from which trading will be with reduced face value of Rs. 58,333.35
  • Notice Date: December 31, 2025

Impact Assessment

This is a routine corporate action with limited market impact. The part redemption affects only holders of specific debentures issued by IKF Finance Limited. The reduction in face value to Rs. 58,333.35 per debenture reflects the partial return of principal to debenture holders. Trading members dealing in these debt securities need to update their systems to reflect the new face value from the effective date.

Impact Justification

Routine corporate action affecting only specific debenture holders of IKF Finance Limited with no broader market impact