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.

Summary

BSE has notified that SAMMAAN FINSERVE LIMITED has fixed January 19, 2026 as the record date for part redemption of debentures and payment of interest on four series of Non-Convertible Debentures. Trading in these debentures will be conducted with reduced face value of Rs. 400 per debenture effective from January 19, 2026 (Settlement DR-801/2025-2026).

Key Points

  • Four series of NCDs are subject to part redemption: SFIL-9.80%-02-02-28-NCD, SFIL-10.30%-2-2-28-NCD, SFIL-9.40%-2-2-28-NCD, and SFIL-9.85%-2-2-28-NCD
  • Record date fixed as January 19, 2026 for all four series
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 400 per debenture for all four series
  • Effective date of reduced face value: January 19, 2026
  • Settlement number: DR-801/2025-2026
  • ISINs affected: INE244L07317, INE244L07283, INE244L07408, INE244L07416

Regulatory Changes

No regulatory changes. This is a routine corporate action notification for debt securities.

Compliance Requirements

  • Trading members must note that trading in the affected debentures will be conducted with reduced face value effective from January 19, 2026
  • Trading members should ensure their systems reflect the updated face value from the effective date
  • Debenture holders as of record date will be eligible for interest payment and part redemption

Important Dates

  • January 13, 2026: Circular issued
  • January 19, 2026: Record date for part redemption and interest payment
  • January 19, 2026: Effective date for trading with reduced face value (Settlement DR-801/2025-2026)

Impact Assessment

Impact on Debenture Holders: Holders of SAMMAAN FINSERVE LIMITED NCDs as of record date will receive interest payment and partial redemption proceeds, with the face value reducing to Rs. 400 per debenture.

Trading Impact: Trading in the four affected NCD series will continue with reduced face value from January 19, 2026, affecting valuation and settlement calculations.

Market Impact: Low to medium impact limited to holders of these specific debt securities. This is a scheduled corporate action with no adverse implications for the issuer’s creditworthiness.

Impact Justification

Routine debt corporate action affecting four NCD series of SAMMAAN FINSERVE LIMITED with reduced face value, relevant to debenture holders