Description

KRAZYBEE SERVICES LTD announces part redemption of non-convertible debentures with reduced face value effective January 8, 2026.

Summary

KRAZYBEE SERVICES LTD has announced part redemption of its Non-Convertible Debentures (ISIN: INE07HK07791, Code: 976345) along with interest payment. The record date for this corporate action is January 8, 2026, and trading in these debentures will commence with a reduced face value effective from the same date.

Key Points

  • Company: KRAZYBEE SERVICES LTD
  • Security Code: 976345
  • ISIN: INE07HK07791
  • Corporate Action: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 50,000 per Debenture (from Rs. 100,000)
  • Reduction: 50% of original face value
  • Settlement Number: DR-794/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action under existing debt securities regulations.

Compliance Requirements

  • Trading Members must note the change in face value for trading purposes
  • All trades executed on or after January 8, 2026 will reflect the reduced face value of Rs. 50,000 per debenture
  • Members should update their systems to reflect the new face value for accurate settlement

Important Dates

  • Record Date: January 8, 2026
  • Effective Date for Reduced Face Value Trading: January 8, 2026
  • Settlement: DR-794/2025-2026

Impact Assessment

Debenture Holders: Existing debenture holders will receive partial redemption of their investment along with accrued interest. The face value per debenture reduces by 50% from Rs. 100,000 to Rs. 50,000.

Market Impact: Limited market-wide impact as this affects only KRAZYBEE SERVICES LTD debenture holders. Trading liquidity may be affected temporarily as market participants adjust to the new face value.

Trading Members: Must ensure proper system updates to reflect the reduced face value to avoid settlement discrepancies.

Impact Justification

Part redemption of debentures affects debt security holders of KRAZYBEE SERVICES LTD with reduced face value from Rs. 100,000 to Rs. 50,000 per debenture