Description

Lendingkart Finance Limited has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective January 15, 2026.

Summary

BSE has notified that Lendingkart Finance Limited has set January 15, 2026 as the record date for payment of interest and part redemption of its non-convertible debentures (ISIN: INE090W07618, Code: 975172, Series: LFL-11.95%-30-10-26-PVT). Trading in these debentures will commence with reduced face value effective from the record date.

Key Points

  • Company: Lendingkart Finance Limited
  • Debenture Series: LFL-11.95%-30-10-26-PVT
  • ISIN: INE090W07618
  • BSE Code: 975172
  • Record Date: January 15, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • New reduced face value: Rs. 25,000 per debenture
  • Settlement Number: DR-799/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for debt instruments.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective from January 15, 2026
  • All trading and settlement systems must reflect the reduced face value from the effective date
  • Members should update their records and inform clients holding these debentures

Important Dates

  • Record Date: January 15, 2026 - Determines eligible debenture holders for interest payment and part redemption
  • Effective Date of Reduced Face Value: January 15, 2026
  • Settlement Number: DR-799/2025-2026

Impact Assessment

Market Impact: Medium - affects holders of specific debenture series of Lendingkart Finance Limited

Operational Impact: Trading members and custodians need to update their systems to reflect the reduced face value for this debenture series. The part redemption will return capital to debenture holders while the remaining investment continues with reduced face value. Interest payment will also be processed to eligible holders as of record date.

Investor Impact: Debenture holders as of record date will receive part redemption proceeds and interest payment, with their continuing investment reflected at the reduced face value of Rs. 25,000 per debenture.

Impact Justification

Routine corporate action for debt instrument holders affecting specific debenture series with part redemption reducing face value from original to Rs. 25,000 per debenture