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

Lendingkart Finance Limited has announced part redemption of its non-convertible debentures (ISIN: INE090W07618, Scrip Code: 975172) with a record date of January 15, 2026. The company will pay interest and execute part redemption, resulting in a reduced face value of Rs. 25,000 per debenture effective from January 15, 2026. Trading in these debentures will commence with the reduced face value from the effective date under settlement number DR-799/2025-2026.

Key Points

  • Debenture series: LFL-11.95%-30-10-26-PVT (ISIN: INE090W07618)
  • Scrip Code: 975172
  • Record date fixed: January 15, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 25,000 per debenture
  • Effective date for reduced face value: January 15, 2026
  • Settlement number: DR-799/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from January 15, 2026
  • Members should update their systems to reflect the new face value of Rs. 25,000 per debenture from the effective date

Important Dates

  • Notice Date: January 9, 2026
  • Record Date: January 15, 2026 (for determining eligible debenture holders for interest payment and part redemption)
  • Effective Date: January 15, 2026 (trading commences with reduced face value)

Impact Assessment

This corporate action affects holders of Lendingkart Finance Limited’s non-convertible debentures (LFL-11.95%-30-10-26-PVT series). The part redemption will result in a reduced face value of Rs. 25,000 per debenture. Debenture holders as of the record date will receive interest payment and partial redemption proceeds. Post-redemption, the debentures will trade at the reduced face value, which may affect liquidity and pricing calculations. This is a standard debt market corporate action with limited broader market impact.

Impact Justification

Routine corporate action affecting specific debenture holders of Lendingkart Finance Limited with reduced face value after part redemption