Description

Muthoot Microfin Limited has fixed the record date for part redemption of debentures and interest payment, with reduced face value effective from January 16, 2026.

Summary

Muthoot Microfin Limited has announced part redemption of its non-convertible debentures (ISIN: INE046W07263, Code: 975004) along with interest payment. The record date has been fixed as January 16, 2026, and trading in these debentures will be conducted with a reduced face value of Rs. 25,000 per debenture effective from the same date under settlement number DR-800/2025-2026.

Key Points

  • Company: Muthoot Microfin Limited
  • Security: Non-Convertible Debentures (MML-10.75%-01-8-26-PVT)
  • ISIN: INE046W07263
  • BSE Code: 975004
  • Coupon Rate: 10.75%
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 25,000 per debenture
  • Segment: Debt

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification as per existing BSE listing requirements for debt securities.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value from the effective date
  • All trades executed on or after January 16, 2026 will reflect the new reduced face value of Rs. 25,000 per debenture
  • Settlement will be processed under DR-800/2025-2026

Important Dates

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

Impact Assessment

Market Impact: Low - This is a routine corporate action affecting only holders of specific debentures of Muthoot Microfin Limited. The part redemption will reduce the outstanding principal amount of these debentures.

Investor Impact: Debenture holders on record as of January 16, 2026 will receive partial redemption proceeds along with accrued interest. Post-redemption, the face value per debenture will be reduced to Rs. 25,000, affecting the calculation of future interest payments and final redemption value.

Trading Impact: Minimal - Trading will continue with adjusted face value parameters from the effective date. Market participants need to account for the reduced face value in their trading and settlement processes.

Impact Justification

Routine corporate action affecting specific debenture holders of Muthoot Microfin Limited with limited broader market impact