Description

VARTHANA FINANCE PRIVATE LIMITED has fixed record date for part redemption of debentures and interest payment, with reduced face value effective January 16, 2026.

Summary

VARTHANA FINANCE PRIVATE LIMITED has announced a part redemption of its Non-Convertible Debentures (NCDs) along with interest payment. The company has set January 16, 2026 as the record date for determining eligible debenture holders. Following the part redemption, trading in these debentures will commence with a reduced face value of Rs. 36,129 per debenture effective from January 16, 2026.

Key Points

  • ISIN: INE125T07261 (Scrip Code: 976661)
  • Debenture Series: VFPL-12.30%-27-02-27-PVT
  • Record date set for both part redemption and interest payment
  • New reduced face value: Rs. 36,129 per debenture
  • Settlement number: DR-800/2025-2026
  • Notification issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes are introduced by this circular. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading members must note the change in face value effective January 16, 2026
  • All trading in VARTHANA FINANCE PRIVATE LIMITED debentures must reflect the reduced face value from the effective date
  • Trading members should ensure their systems are updated to reflect the new face value for settlement purposes

Important Dates

  • Notice Date: January 9, 2026
  • Record Date: January 16, 2026 (for determining eligible holders for part redemption and interest payment)
  • Effective Date: January 16, 2026 (trading with reduced face value begins)
  • Settlement: DR-800/2025-2026

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. The part redemption will return capital to debenture holders while reducing the outstanding principal amount.

Operational Impact: Trading members must update their systems to reflect the reduced face value of Rs. 36,129 per debenture from January 16, 2026. This is a standard operational adjustment for debt securities undergoing part redemption.

Investor Impact: Debenture holders on record as of January 16, 2026 will receive partial principal repayment along with interest payment. The reduction in face value reflects the partial return of capital, and future interest payments will be calculated on the reduced principal amount.

Impact Justification

Standard debenture part redemption notification affecting only debt instrument holders of Varthana Finance. Limited market-wide impact but important for specific debenture holders.