Description

GREAVES FINANCE LIMITED has fixed record date for part redemption of non-convertible debentures with reduced face value effective January 13, 2026.

Summary

GREAVES FINANCE LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE1QWF07014, Code: 977162) with a record date of January 13, 2026. Trading in these debentures will commence with reduced face value from the effective date. The company will also make interest payments to eligible debenture holders.

Key Points

  • Company: GREAVES FINANCE LIMITED
  • ISIN: INE1QWF07014 (Code: 977162)
  • Debenture: 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 announced. This is a routine corporate action notification.

Compliance Requirements

  • Trading members must note that trading in these debentures will be conducted with the reduced face value of Rs. 83,332 per debenture effective from January 13, 2026
  • Trading members should update their systems to reflect the reduced face value from the effective date

Important Dates

  • Notice Date: January 7, 2026 (Notice issued January 5, 2026)
  • Record Date: January 13, 2026
  • Effective Date for Reduced Face Value: January 13, 2026
  • Settlement Number: DR-797/2025-2026

Impact Assessment

Market Impact: Low - This is a specific corporate action affecting only holders of GREAVES FINANCE LIMITED’s non-convertible debentures. The part redemption is a standard debt instrument event with no broader market implications.

Operational Impact: Low - Trading members dealing with this specific debenture need to update their records to reflect the reduced face value. The change is straightforward and follows standard redemption procedures.

Investor Impact: Medium for debenture holders - Investors holding these debentures will receive partial redemption proceeds along with interest payment. Post-redemption, the face value of their holding will be reduced to Rs. 83,332 per debenture.

Impact Justification

Routine part redemption of privately placed debentures affecting a specific debt instrument. Limited market-wide impact as it concerns a single issuer's non-convertible debentures.