Description

STAR HOUSING FINANCE LIMITED announces part redemption of debentures with record date January 4, 2026, reducing face value to Rs. 35,714.298 per debenture effective January 2, 2026.

Summary

STAR HOUSING FINANCE LIMITED has announced a part redemption of its Non-Convertible Debentures (NCD) with ISIN INE526R07017 (Code: 975161). The record date for interest payment and part redemption is set for January 4, 2026. Following the partial redemption, the face value of the debentures will be reduced to Rs. 35,714.298 per debenture, effective from January 2, 2026 (Settlement No. DR-790/2025-2026).

Key Points

  • Debenture Series: SHFL-13.10%-19-4-27-PVT
  • ISIN: INE526R07017
  • BSE Code: 975161
  • Record Date: January 4, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • New Reduced Face Value: Rs. 35,714.298 per debenture
  • Effective Date of Reduced Face Value: January 2, 2026
  • Settlement Number: DR-790/2025-2026
  • Trading with reduced face value commences from January 2, 2026

Regulatory Changes

No regulatory changes are introduced in this circular. This is a corporate action notice informing about the part redemption of debentures.

Compliance Requirements

Trading members of the exchange are required to:

  • Note that trading in the debentures will be conducted with the reduced face value effective from January 2, 2026
  • Update their systems to reflect the new face value of Rs. 35,714.298 per debenture
  • Ensure proper settlement under DR-790/2025-2026

Important Dates

  • December 31, 2025: Circular notice date
  • January 2, 2026: Effective date for trading with reduced face value (Settlement No. DR-790/2025-2026)
  • January 4, 2026: Record date for part redemption and interest payment

Impact Assessment

Market Impact: Limited to holders of STAR HOUSING FINANCE LIMITED debentures. The partial redemption will return capital to debenture holders while reducing the outstanding face value of the debt security.

Investor Impact: Debenture holders as of the record date (January 4, 2026) will receive interest payment and partial redemption proceeds. Post-redemption, the face value of their holdings will be reduced to Rs. 35,714.298 per debenture.

Trading Impact: From January 2, 2026, all trading in these debentures will reflect the reduced face value, which traders and investors must account for in their valuation and transaction calculations.

Impact Justification

Medium importance and impact as this affects debenture holders of STAR HOUSING FINANCE LIMITED through partial redemption and face value reduction, but is a routine corporate action limited to specific debt security holders.