Description

Record date fixed for payment of interest and part redemption of non-convertible debentures with reduced face value effective January 9, 2026.

Summary

SPANDANA SPHOORTY FINANCIAL LIMITED has fixed the record date for payment of interest and part redemption of its non-convertible debentures (ISIN: INE572J07745, Code: 974793). Trading in these debentures will commence with reduced face value from January 9, 2026.

Key Points

  • Record date set for January 9, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Security affected: SSFL-11.10%-24-4-26-PVT (ISIN: INE572J07745)
  • Reduced face value: Rs. 14,290 per debenture
  • Effective date for reduced face value: January 9, 2026
  • Settlement number: DR-795/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading members must note the reduced face value effective from January 9, 2026
  • All trades from the effective date onwards will reflect the reduced face value of Rs. 14,290 per debenture
  • Debenture holders on record as of January 9, 2026 will be eligible for interest payment and part redemption

Important Dates

  • Record Date: January 9, 2026
  • Effective Date for Reduced Face Value: January 9, 2026
  • Notice Issue Date: January 6, 2026 (Notice No. 20260106-7)

Impact Assessment

Market Impact: Limited to holders of SPANDANA SPHOORTY FINANCIAL LIMITED debentures (ISIN: INE572J07745). The part redemption reduces the outstanding principal amount, with the face value being reduced to Rs. 14,290 per debenture.

Operational Impact: Trading members need to update their systems to reflect the reduced face value from January 9, 2026. This is a routine debt market operation with no broader market implications beyond the specific security holders.

Impact Justification

Routine corporate action affecting specific debenture holders with part redemption and interest payment. Impact limited to debt security holders of SPANDANA SPHOORTY FINANCIAL LIMITED.