Description

BSE notice regarding part redemption of non-convertible debentures with reduced face value of Rs. 35,714.298 per debenture effective January 2, 2026.

Summary

STAR HOUSING FINANCE LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE526R07017) along with interest payment. The debentures will trade with a reduced face value of Rs. 35,714.298 per debenture effective January 2, 2026.

Key Points

  • Company: STAR HOUSING FINANCE LIMITED
  • Debenture Code: SHFL-13.10%-19-4-27-PVT
  • ISIN: INE526R07017 (Security Code: 975161)
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 35,714.298 per debenture
  • Notice Number: 20251231-29

Regulatory Changes

No regulatory changes announced. This is a corporate action notice for existing debt securities.

Compliance Requirements

  • Trading members are required to note that trading in the debentures will be conducted with the reduced face value from the effective date
  • Trading members must ensure proper settlement under DR-790/2025-2026

Important Dates

  • Record Date: January 4, 2026 - For determining eligible debenture holders for interest payment and part redemption
  • Effective Date: January 2, 2026 - Date from which debentures will trade with reduced face value
  • Settlement Number: DR-790/2025-2026
  • Notice Date: December 31, 2025

Impact Assessment

Market Impact: Medium - Debenture holders will receive partial redemption proceeds, reducing their outstanding investment in STAR HOUSING FINANCE LIMITED debentures. The reduced face value will affect the trading dynamics and pricing of these securities.

Investor Impact: Debenture holders on record as of January 4, 2026 will receive interest payment and partial redemption of principal. Post-redemption, the face value per debenture will be significantly reduced to Rs. 35,714.298, representing a material change in the investment structure.

Operational Impact: Trading members must update their systems to reflect the new reduced face value for accurate trade execution and settlement from January 2, 2026.

Impact Justification

Affects debenture holders of STAR HOUSING FINANCE LIMITED with material change in face value due to part redemption