Description

VISTAAR FINANCIAL SERVICES PVT LTD announces part redemption of debentures with record date of January 4, 2026, reducing face value to Rs. 41,666.67 per debenture effective January 2, 2026.

Summary

VISTAAR FINANCIAL SERVICES PVT LTD has announced part redemption of its non-convertible debentures (ISIN: INE016P07211, Code: 975597) along with interest payment. The record date for determining eligible debenture holders is January 4, 2026. Following the part redemption, the face value of each debenture will be reduced to Rs. 41,666.67, with trading in the reduced face value commencing from January 2, 2026 under settlement number DR-790/2025-2026.

Key Points

  • Part redemption of non-convertible debentures of VISTAAR FINANCIAL SERVICES PVT LTD
  • ISIN: INE016P07211, BSE Code: 975597, Series: VFSPL-19-4-27-PVT
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 41,666.67 per debenture (post-redemption)
  • Trading members notified of the corporate action

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for part redemption of debentures.

Compliance Requirements

  • Trading members must note the change in face value for trading purposes
  • Debentures will trade with reduced face value from the effective date
  • All trading systems should reflect the updated face value of Rs. 41,666.67 per debenture

Important Dates

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

Impact Assessment

Impact on Debenture Holders: Debenture holders on record as of January 4, 2026 will receive partial redemption proceeds and interest payment. The face value reduction indicates a portion of the principal is being returned to investors.

Market Impact: Limited to holders of this specific debenture series. Trading will continue with the reduced face value from January 2, 2026, two days before the record date to account for settlement cycles.

Operational Impact: Trading members need to update their systems to reflect the new face value for accurate pricing and settlement of transactions in these debentures.

Impact Justification

Part redemption affects debenture holders through face value reduction and interest payment, but limited to specific debt security holders of a private company.