Description
GREAVES FINANCE LIMITED has announced partial redemption of debentures with record date January 15, 2026, reducing face value to Rs. 62,499.97 per debenture effective January 16, 2026.
Summary
GREAVES FINANCE LIMITED has announced partial redemption of its debentures (ISIN: INE1QWF07022, Scrip Code: 977441) with a record date of January 15, 2026. The face value of the debentures will be reduced to Rs. 62,499.97 per debenture following the redemption. Trading members are advised that the debentures will trade with the reduced face value effective January 16, 2026.
Key Points
- Company: GREAVES FINANCE LIMITED
- Debenture: GFL-11.50%-30-04-27-UL-PVT
- ISIN: INE1QWF07022
- Scrip Code: 977441
- Record Date: January 15, 2026
- Reduced Face Value: Rs. 62,499.97 per debenture
- Effective Trading Date: January 16, 2026
- Notice Reference: DR-800/2025-2026
Regulatory Changes
No regulatory changes. This is a corporate action involving partial redemption of privately placed debentures.
Compliance Requirements
- Trading members must note the reduced face value of the debentures
- Debentures must be traded with the new reduced face value from January 16, 2026 onwards
- Trading members are required to take note of this corporate action for their operations
Important Dates
- Notice Date: January 14, 2026
- Record Date: January 15, 2026
- Effective Trading Date with Reduced Face Value: January 16, 2026
Impact Assessment
This partial redemption has limited impact, affecting only holders of specific debentures issued by GREAVES FINANCE LIMITED. The reduction in face value to Rs. 62,499.97 per debenture reflects the return of principal to debenture holders. Trading members dealing in this debt instrument need to update their systems to reflect the new face value. The impact is confined to the debt segment with no broader market implications.
Impact Justification
Routine partial debenture redemption affecting only specific debt instrument holders of GREAVES FINANCE LIMITED with minimal market-wide impact