Description
GREAVES FINANCE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective January 13, 2026.
Summary
GREAVES FINANCE LIMITED has fixed the record date of January 13, 2026 for payment of interest and part redemption of its non-convertible debentures. Trading in these debentures will occur with a reduced face value of Rs. 83,332 per debenture effective from the record date.
Key Points
- Company: GREAVES FINANCE LIMITED
- ISIN: INE1QWF07014 (Code: 977162)
- Series: GFL-10.50%-29-9-27-PVT
- Record Date: January 13, 2026
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 83,332 per debenture
- Effective Date: January 13, 2026
- Settlement Number: DR-797/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notice.
Compliance Requirements
- Trading members must note that trading in the company’s debentures will be conducted with the reduced face value effective from January 13, 2026
- Debenture holders on record as of January 13, 2026 will be eligible for interest payment and part redemption
Important Dates
- Notice Date: January 7, 2026 (Notice No. 20260107-6)
- Record Date: January 13, 2026
- Effective Date for Reduced Face Value: January 13, 2026
- Settlement: DR-797/2025-2026
Impact Assessment
This is a routine debt instrument corporate action with limited market impact. Only holders of the specific non-convertible debentures (ISIN: INE1QWF07014) of GREAVES FINANCE LIMITED are affected. The part redemption reduces the face value to Rs. 83,332 per debenture, and eligible debenture holders will receive interest payments along with partial principal repayment. No impact on equity markets or broader trading operations.
Impact Justification
Routine debt instrument part redemption affecting only specific debenture holders of GREAVES FINANCE LIMITED with no broader market implications