Description

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

Summary

Kanakadurga Finance Limited has announced part redemption of its Non-Convertible Debentures (ISIN: INE104W07195, Code: 976402) along with interest payment. The record date has been set for January 16, 2026, and trading in these debentures will commence with reduced face value from the same date.

Key Points

  • Debenture: KDFL-13%-31-1-27-PVT (INE104W07195, Code: 976402)
  • Record Date: January 16, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 55,000 per debenture
  • Effective Date: January 16, 2026
  • Settlement Number: DR-800/2025-2026
  • Trading members must note that trading will be with reduced face value from the effective date

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice.

Compliance Requirements

  • Trading members must ensure that trading in the debentures reflects the reduced face value from January 16, 2026
  • Members should update their systems to reflect the new face value of Rs. 55,000 per debenture
  • Settlement procedures should account for the part redemption effective from settlement DR-800/2025-2026

Important Dates

  • January 9, 2026: Circular issue date
  • 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: Applicable settlement for reduced face value

Impact Assessment

This circular has limited impact, affecting only holders of specific debentures of Kanakadurga Finance Limited. The part redemption will reduce the outstanding face value to Rs. 55,000 per debenture. Trading members dealing in this specific debt instrument need to update their records and systems accordingly. There is no broader market impact expected from this routine corporate action.

Impact Justification

Routine part redemption notice affecting specific debenture holders of a single company with limited market-wide impact