Description

BSE announces part redemption of four series of non-convertible debentures issued by SAMMAAN FINSERVE LIMITED with record date January 19, 2026 and reduced face value of Rs. 400 per debenture.

Summary

BSE has issued a notice regarding the part redemption of non-convertible debentures issued by SAMMAAN FINSERVE LIMITED. The company has set January 19, 2026 as the record date for payment of interest and part redemption across four debenture series. Trading in these debentures will continue with a reduced face value of Rs. 400 per debenture effective from the record date.

Key Points

  • Four debenture series of SAMMAAN FINSERVE LIMITED are undergoing part redemption
  • All four series will have reduced face value of Rs. 400 per debenture after redemption
  • Record date set for January 19, 2026 for both interest payment and part redemption
  • Trading will continue with reduced face value from effective date
  • Settlement number: DR-801/2025-2026

Affected Debenture Series

  1. SFIL-9.80%-02-02-28-NCD (INE244L07317, Code: 938410)
  2. SFIL-10.30%-2-2-28-NCD (INE244L07283, Code: 938414)
  3. SFIL-9.40%-2-2-28-NCD (INE244L07408, Code: 938418)
  4. SFIL-9.85%-2-2-28-NCD (INE244L07416, Code: 938422)

Compliance Requirements

  • Trading members must note the change in face value effective from January 19, 2026
  • All trading in the affected debentures must reflect the reduced face value of Rs. 400 per debenture
  • Members should update their systems to reflect the new face value for settlement purposes

Important Dates

  • Notice Date: January 13, 2026
  • Record Date: January 19, 2026
  • Effective Date: January 19, 2026
  • Settlement Number: DR-801/2025-2026

Impact Assessment

This part redemption will affect all holders of the four debenture series as they will receive partial principal repayment along with interest payment. The reduction in face value to Rs. 400 per debenture indicates a partial return of capital to debenture holders. Trading members need to ensure their systems are updated to handle the reduced face value for continued trading and settlement operations. The debt segment will see reduced outstanding principal amounts for these securities.

Impact Justification

Part redemption affects four debenture series with reduced face value to Rs. 400, impacting debt holders and requiring operational adjustments for trading members.