Description

ELECTRONICA FINANCE LIMITED has fixed record date for 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 (ISIN: INE612U07118, Scrip Code: 975117) along with interest payment. The record date has been fixed as January 16, 2026, and trading will commence with reduced face value from the same date under settlement number DR-800/2025-2026.

Key Points

  • Company: ELECTRONICA FINANCE LIMITED
  • Security: 10.45% Non-Convertible Debentures maturing October 27, 2026
  • ISIN: INE612U07118
  • BSE Scrip Code: 975117
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 37,500 per debenture
  • Trading with reduced face value effective from January 16, 2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notice for part redemption of debentures as per existing debt securities regulations.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value of Rs. 37,500 per debenture from January 16, 2026
  • Settlement under DR-800/2025-2026
  • Debenture holders on record as of January 16, 2026 will be eligible for interest payment and part redemption

Important Dates

  • Notice Date: January 8, 2026
  • Record Date: January 16, 2026
  • Effective Date for Reduced Face Value: January 16, 2026
  • Settlement Number: DR-800/2025-2026
  • Debenture Maturity: October 27, 2026

Impact Assessment

Impact on Debenture Holders: Debenture holders on record will receive partial redemption proceeds and accrued interest. The face value reduction to Rs. 37,500 per debenture reflects the partial redemption amount being returned to investors.

Trading Impact: Trading members need to adjust their systems to reflect the reduced face value from January 16, 2026. All subsequent trading and valuation will be based on the new reduced face value of Rs. 37,500 per debenture.

Market Scope: Limited to holders of this specific debt security (EFL 10.45% debentures). No broader market impact expected.

Impact Justification

Routine corporate action affecting debenture holders with specific record date and face value reduction. Medium impact limited to debt security holders of this company.