Description

VISTAAR FINANCIAL SERVICES PVT LTD has fixed record date for payment of interest and part redemption of non-convertible debentures, with reduced face value effective from January 2, 2026.

Summary

VISTAAR FINANCIAL SERVICES PVT LTD 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 these debentures will commence with reduced face value from January 2, 2026.

Key Points

  • Issuer: VISTAAR FINANCIAL SERVICES PVT LTD
  • Security Code: VFSPL-19-4-27-PVT
  • ISIN: INE016P07211 (975597)
  • Record Date: January 4, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 41,666.67 per Debenture
  • Effective Date: January 2, 2026
  • Settlement Number: DR-790/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a corporate action notification for existing debentures.

Compliance Requirements

  • Trading Members must note that trading in these debentures will be conducted with the reduced face value effective from January 2, 2026
  • Debenture holders as on record date (January 4, 2026) will be eligible for interest payment and part redemption proceeds

Important Dates

  • January 2, 2026: Effective date for trading with reduced face value (Settlement DR-790/2025-2026)
  • January 4, 2026: Record date for determining eligible debenture holders

Impact Assessment

Impact on Debenture Holders: Existing debenture holders will receive partial redemption proceeds along with interest payment. The face value of remaining debentures will be reduced to Rs. 41,666.67 per debenture.

Trading Impact: From January 2, 2026, these debentures will trade at the reduced face value in the debt market segment. Trading members and investors need to account for the face value reduction in their valuations and trading strategies.

Operational Impact: Limited to investors holding this specific ISIN; requires updating of debenture holdings and positions by custodians and depositories post-redemption.

Impact Justification

Corporate action affecting specific debenture holders with face value reduction; impacts debt securities investors but limited to single issuer