Description

Electronica Finance Limited has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective January 16, 2026.

Summary

Electronica Finance Limited has announced part redemption of its non-convertible debentures along with interest payment. The record date has been set as January 16, 2026, and trading in the company’s debentures will commence with a reduced face value of Rs. 37,500 per debenture effective from the same date.

Key Points

  • Part redemption of non-convertible debentures of Electronica Finance Limited
  • Record date fixed for both interest payment and part redemption
  • Trading will continue with reduced face value post-redemption
  • ISIN: INE612U07118 (Scrip Code: 975117)
  • Debenture series: EFL-10.45%–27-10-26-PVT

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notice for debt securities.

Compliance Requirements

  • Trading members must note the reduced face value effective date
  • All trades from January 16, 2026 onwards must reflect the new reduced face value of Rs. 37,500 per debenture
  • Settlement under DR-800/2025-2026

Important Dates

  • Notice Date: January 8, 2026
  • Record Date: January 16, 2026
  • Effective Date of Reduced Face Value: January 16, 2026
  • Settlement Number: DR-800/2025-2026

Impact Assessment

Market Impact: Limited to debenture holders of Electronica Finance Limited. The part redemption will return capital to debenture holders while reducing the outstanding face value to Rs. 37,500 per debenture. Trading members and investors holding these debentures must account for the reduced face value in all transactions post the effective date.

Operational Impact: Trading and settlement systems must be updated to reflect the reduced face value from January 16, 2026. Debenture holders will receive partial redemption proceeds along with interest payment as per the record date.

Impact Justification

Part redemption of debentures affects debt security holders with specific record date and reduced face value; material impact limited to debenture holders of this specific company