Description
SPANDANA SPHOORTY FINANCIAL LIMITED has set record date for part redemption and interest payment on non-convertible debentures with reduced face value effective January 13, 2026.
Summary
SPANDANA SPHOORTY FINANCIAL LIMITED has fixed January 13, 2026 as the record date for part redemption of its non-convertible debentures (ISIN: INE572J07752, Code: 975990) and payment of interest. Trading in these debentures will commence with a reduced face value of Rs. 54,545.45 per debenture effective from January 13, 2026 under settlement number DR-797/2025-2026.
Key Points
- Company: SPANDANA SPHOORTY FINANCIAL LIMITED
- ISIN: INE572J07752
- Scrip Code: 975990
- Debenture: SSFL-10.75%-15-4-27-PVT
- Reduced face value: Rs. 54,545.45 per debenture
- Purpose: Part redemption of debentures and payment of interest
- Segment: Debt
Regulatory Changes
No regulatory changes. This is a standard corporate action notice for debt securities.
Compliance Requirements
Trading members must note that trading in the company’s debentures will be conducted with the reduced face value effective from the specified date. Members should update their systems and records accordingly to reflect the new face value.
Important Dates
- Record Date: January 13, 2026
- Effective Date of Reduced Face Value: January 13, 2026
- Settlement Number: DR-797/2025-2026
- Notice Date: January 7, 2026
- Notice Issued: January 5, 2026
Impact Assessment
This is a routine debt corporate action with medium impact on debenture holders. The part redemption will result in a reduction of the face value to Rs. 54,545.45 per debenture. Investors holding these debentures will receive part redemption proceeds along with interest payment. Trading members need to ensure their systems reflect the updated face value from the effective date to avoid settlement issues.
Impact Justification
Routine debt corporate action affecting debenture holders with part redemption and face value reduction