Description

SPANDANA SPHOORTY FINANCIAL LIMITED has fixed Record Date for part redemption and interest payment on non-convertible debentures, with reduced face value effective from January 16, 2026.

Summary

SPANDANA SPHOORTY FINANCIAL LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE572J07760, Scrip Code: 977245) with a record date of January 16, 2026. The debentures will trade with a reduced face value of Rs. 95,000 per debenture effective from January 16, 2026 (Settlement No. DR-800/2025-2026). This action covers both part redemption and payment of interest on the 11% debentures maturing on April 30, 2028.

Key Points

  • Company: SPANDANA SPHOORTY FINANCIAL LIMITED
  • Debenture Series: SSFL-11%-30-04-28-PVT
  • ISIN: INE572J07760
  • Scrip Code: 977245
  • Record Date: January 16, 2026
  • Reduced Face Value: Rs. 95,000 per debenture
  • Effective Date: January 16, 2026
  • Settlement Number: DR-800/2025-2026
  • Purpose: Part redemption of debentures and payment of interest
  • Segment: Debt

Regulatory Changes

No regulatory changes are introduced in this circular. This is a standard corporate action notice for part redemption of debentures.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 95,000 per debenture effective from January 16, 2026
  • All trading members are required to take note of the record date and the effective date for the reduced face value
  • Debenture holders on record as of January 16, 2026 will be eligible for part redemption proceeds and interest payment

Important Dates

  • Notice Date: January 9, 2026
  • Record Date: January 16, 2026
  • Effective Date for Reduced Face Value: January 16, 2026
  • Settlement Number: DR-800/2025-2026
  • Debenture Maturity Date: April 30, 2028

Impact Assessment

Market Impact: Medium - This part redemption affects holders of SPANDANA SPHOORTY FINANCIAL LIMITED’s 11% non-convertible debentures. The reduction in face value to Rs. 95,000 per debenture indicates a partial return of principal to debenture holders.

Operational Impact: Trading members must update their systems to reflect the reduced face value effective from January 16, 2026. All trades in these debentures from the effective date onwards will be at the new reduced face value.

Investor Impact: Debenture holders on record as of January 16, 2026 will receive partial redemption proceeds along with interest payment. The remaining face value of Rs. 95,000 per debenture will continue until the final maturity date of April 30, 2028.

Impact Justification

Part redemption of debentures affects debt instrument holders of SPANDANA SPHOORTY FINANCIAL LIMITED. The face value reduction is significant but impacts only specific debenture holders in the debt segment.