Description
SAMMAAN FINSERVE LIMITED has fixed record date of January 19, 2026 for part redemption and interest payment on four series of NCDs, with reduced face value of Rs. 400 per debenture effective from same date.
Summary
BSE has notified that SAMMAAN FINSERVE LIMITED will conduct part redemption of four series of Non-Convertible Debentures (NCDs) with a record date of January 19, 2026. The company will pay interest and partially redeem the debentures, resulting in a reduced face value of Rs. 400 per debenture for all four series. Trading in these debentures will commence with the reduced face value from January 19, 2026 under settlement number DR-801/2025-2026.
Key Points
- Four series of NCDs are affected: SFIL-9.80%, SFIL-10.30%, SFIL-9.40%, and SFIL-9.85% (all maturing on February 2, 2028)
- Record date fixed as January 19, 2026 for both interest payment and part redemption
- Post-redemption face value will be Rs. 400 per debenture for all four series
- Trading with reduced face value effective from January 19, 2026
- Settlement number: DR-801/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a corporate action notification.
Compliance Requirements
- Trading members must note the reduced face value effective from January 19, 2026
- All trading in the affected debentures must reflect the new face value of Rs. 400 per debenture from the effective date
- Trading members should update their systems to reflect the face value changes
Important Dates
- Notice Date: January 13, 2026
- Record Date: January 19, 2026
- Effective Date for Reduced Face Value: January 19, 2026
- Settlement Number: DR-801/2025-2026
Impact Assessment
This corporate action has moderate impact on debenture holders of SAMMAAN FINSERVE LIMITED. The part redemption will result in:
- Return of capital to debenture holders through partial redemption
- Reduction in face value to Rs. 400 per debenture across all four NCD series
- Interest payment along with part redemption on the record date
- Trading members and investors holding these debentures need to account for the reduced face value in their portfolios and trading systems
- The action affects four ISIN codes: INE244L07317, INE244L07283, INE244L07408, and INE244L07416
Affected Debenture Series
| Security | ISIN | Code | Interest Rate | Maturity |
|---|---|---|---|---|
| SFIL-9.80%-02-02-28-NCD | INE244L07317 | 938410 | 9.80% | Feb 2, 2028 |
| SFIL-10.30%-2-2-28-NCD | INE244L07283 | 938414 | 10.30% | Feb 2, 2028 |
| SFIL-9.40%-2-2-28-NCD | INE244L07408 | 938418 | 9.40% | Feb 2, 2028 |
| SFIL-9.85%-2-2-28-NCD | INE244L07416 | 938422 | 9.85% | Feb 2, 2028 |
Impact Justification
Routine corporate action affecting debenture holders of SAMMAAN FINSERVE LIMITED with part redemption and face value adjustment