Description
STAR HOUSING FINANCE LIMITED has fixed record date for part redemption of debentures and interest payment, with reduced face value effective January 2, 2026.
Summary
STAR HOUSING FINANCE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date has been fixed as January 4, 2026, and trading in the debentures will commence with reduced face value from January 2, 2026.
Key Points
- Company: STAR HOUSING FINANCE LIMITED
- Security: Non-Convertible Debentures (ISIN: INE526R07017, Code: 975161)
- Purpose: Part redemption of debentures and payment of interest
- Record Date: January 4, 2026
- Reduced Face Value: Rs. 35,714.298 per debenture
- Effective Date of Reduced Face Value: January 2, 2026
- Settlement Number: DR-790/2025-2026
- Segment: Debt
Regulatory Changes
No regulatory changes. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value effective from January 2, 2026
- Debenture holders on record as of January 4, 2026 will be eligible for part redemption proceeds and interest payment
Important Dates
- December 31, 2025: Notice date
- January 2, 2026: Effective date for trading with reduced face value (Settlement DR-790/2025-2026)
- January 4, 2026: Record date for part redemption and interest payment
Impact Assessment
This corporate action affects holders of STAR HOUSING FINANCE LIMITED’s non-convertible debentures (Series 13.10%-19-4-27-PVT). The part redemption will reduce the outstanding face value to Rs. 35,714.298 per debenture. Debenture holders on the record date will receive partial principal repayment along with accrued interest. Trading members need to adjust their systems to reflect the reduced face value from January 2, 2026 onwards.
Impact Justification
Routine corporate action affecting debenture holders of STAR HOUSING FINANCE LIMITED with specific record date and face value reduction details