Description
GREAVES FINANCE LIMITED has fixed Record Date for Payment of Interest and Part Redemption of Non-Convertible Debentures with reduced face value effective from January 13, 2026.
Summary
GREAVES FINANCE LIMITED has announced a part redemption of its Non-Convertible Debentures along with interest payment. The record date has been fixed as January 13, 2026, and trading in the debentures will commence with a reduced face value from the same date.
Key Points
- Company: GREAVES FINANCE LIMITED
- ISIN: INE1QWF07014
- Code: 977162
- Record Date: January 13, 2026
- Purpose: Part Redemption of Debentures and Payment of Interest
- New Reduced Face Value: Rs. 83,332 per Debenture
- Effective Date: January 13, 2026
- Settlement Number: DR-797/2025-2026
- Debenture Series: GFL-10.50%-29-9-27-PVT
Regulatory Changes
No regulatory changes. This is a corporate action notification.
Compliance Requirements
- Trading Members must note that trading in the debentures will be with reduced face value effective from January 13, 2026
- The record date for determining eligible debenture holders for interest payment and part redemption is January 13, 2026
Important Dates
- Notice Date: January 7, 2026
- Record Date: January 13, 2026
- Effective Date for Reduced Face Value: January 13, 2026
- Settlement Number: DR-797/2025-2026
Impact Assessment
This is a routine corporate action affecting holders of specific Non-Convertible Debentures issued by GREAVES FINANCE LIMITED. The part redemption will reduce the face value of each debenture to Rs. 83,332. Impact is limited to debenture holders of this specific security and does not affect broader market operations. Trading members need to update their systems to reflect the new face value from the effective date.
Impact Justification
Routine corporate action affecting only specific debenture holders of GREAVES FINANCE LIMITED. Limited market-wide impact as it pertains to debt instruments of a single issuer.