Description

SPANDANA SPHOORTY FINANCIAL LIMITED has fixed record date of 09/01/2026 for part redemption of debentures and payment of interest, with reduced face value effective from the same date.

Summary

SPANDANA SPHOORTY FINANCIAL LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE572J07745, Code: 974793) along with interest payment. The record date has been fixed as January 09, 2026, and trading in these debentures will commence with reduced face value from the same date under settlement number DR-795/2025-2026.

Key Points

  • Company: SPANDANA SPHOORTY FINANCIAL LIMITED
  • Security: SSFL-11.10%-24-4-26-PVT
  • ISIN: INE572J07745
  • BSE Code: 974793
  • Record Date: January 09, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 14,290 per Debenture
  • Effective Date: January 09, 2026
  • Settlement Number: DR-795/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action for debt securities involving partial repayment of principal amount.

Compliance Requirements

  • Trading Members must note that trading in the debentures will be conducted with the reduced face value of Rs. 14,290 per debenture effective from January 09, 2026
  • All trades executed on or after the effective date must reflect the reduced face value
  • Settlement will be processed under DR-795/2025-2026

Important Dates

  • Notice Date: January 06, 2026 (Notice No. 20260106-7)
  • Record Date: January 09, 2026
  • Effective Date for Reduced Face Value: January 09, 2026
  • Settlement Number: DR-795/2025-2026

Impact Assessment

Debenture Holders: Holders of SPANDANA SPHOORTY FINANCIAL LIMITED’s 11.10% Non-Convertible Debentures will receive partial redemption of principal along with interest payment. The face value of their holdings will be reduced to Rs. 14,290 per debenture.

Market Impact: Limited to specific debenture holders. Trading will continue with adjusted face value from the effective date. The partial redemption reduces the outstanding debt obligation of the company while providing liquidity to debenture holders.

Trading Members: Must update systems to reflect the reduced face value for all transactions from January 09, 2026 onwards to ensure accurate settlement and reporting.

Impact Justification

Part redemption affects debenture holders of SPANDANA SPHOORTY FINANCIAL LIMITED with face value reduction. Impact limited to specific debt security holders.