Description

Partial redemption of GREAVES FINANCE LIMITED debentures (INE1QWF07022) with record date January 15, 2026, reducing face value to Rs. 62,499.97 per debenture.

Summary

BSE announces partial redemption of debentures issued by GREAVES FINANCE LIMITED (Scrip Code: INE1QWF07022/977441). The record date is fixed as January 15, 2026, and the face value per debenture will be reduced to Rs. 62,499.97. Trading members are notified that debentures will trade at the reduced face value from January 16, 2026.

Key Points

  • Partial redemption of GREAVES FINANCE LIMITED debentures (GFL-11.50%-30-04-27-UL-PVT)
  • ISIN: INE1QWF07022, Scrip Code: 977441
  • Reduced face value: Rs. 62,499.97 per debenture
  • Record date: January 15, 2026
  • Trading at reduced face value commences: January 16, 2026
  • Notice reference: DR-800/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action involving partial redemption of debt securities as per existing regulations.

Compliance Requirements

  • Trading members must note the reduced face value for the specified debentures
  • All trading of these debentures from January 16, 2026 onwards must reflect the reduced face value of Rs. 62,499.97 per debenture
  • Trading members should update their systems to reflect the new face value

Important Dates

  • January 14, 2026: Notice date
  • January 15, 2026: Record date for partial redemption
  • January 16, 2026: Trading commences with reduced face value
  • April 30, 2027: Original maturity date (as per debenture nomenclature)

Impact Assessment

Market Impact: Limited to holders of GREAVES FINANCE LIMITED debentures. The partial redemption will return capital to debenture holders while reducing the outstanding face value of the securities.

Operational Impact: Trading members must update their systems to reflect the new face value from January 16, 2026. The reduction in face value from the original amount to Rs. 62,499.97 per debenture represents a significant partial redemption, indicating substantial capital return to investors.

Investor Impact: Debenture holders as on the record date will receive partial redemption proceeds, reducing their exposure to GREAVES FINANCE LIMITED debt while maintaining their remaining investment at the reduced face value.

Impact Justification

Partial redemption affects debenture holders with significant face value reduction but limited to single company's debt securities