Description

Spandana Sphoorty Financial Limited has fixed January 16, 2026 as the record date for part redemption and interest payment on its 11% non-convertible debentures, with reduced face value effective from the same date.

Summary

BSE has announced that Spandana Sphoorty Financial Limited has fixed January 16, 2026 as the record date for part redemption of its non-convertible debentures (ISIN: INE572J07760, Code: 977245) and payment of interest. 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).

Key Points

  • Company: Spandana Sphoorty Financial Limited
  • Debenture Code: SSFL-11%-30-04-28-PVT (977245)
  • ISIN: INE572J07760
  • Record Date: January 16, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • New Reduced Face Value: Rs. 95,000 per debenture
  • Effective Date: January 16, 2026
  • Settlement Number: DR-800/2025-2026
  • Trading with reduced face value commences from January 16, 2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification under existing debt market regulations.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value of Rs. 95,000 per debenture from January 16, 2026
  • Trading members should update their systems to reflect the revised face value effective from the specified date
  • Debenture holders on record as of January 16, 2026 will be eligible for part redemption proceeds and interest payment

Important Dates

  • January 16, 2026: Record date for part redemption and interest payment
  • January 16, 2026: Effective date for trading with reduced face value (Settlement DR-800/2025-2026)

Impact Assessment

Impact on Debenture Holders: Debenture holders will receive part redemption proceeds and interest payment. The face value reduction from the original amount to Rs. 95,000 per debenture indicates a partial return of principal to investors.

Impact on Trading: Trading members must adjust their systems to reflect the reduced face value. All trades executed from January 16, 2026 onwards will be based on the new face value of Rs. 95,000 per debenture.

Market Impact: Limited broader market impact as this is a routine corporate action specific to holders of Spandana Sphoorty Financial Limited’s 11% debentures maturing on April 30, 2028. The part redemption demonstrates the company’s ability to meet its debt obligations as scheduled.

Impact Justification

Routine corporate action affecting debenture holders of Spandana Sphoorty Financial Limited with specific impact on face value and trading terms