Description

Partial redemption of GREAVES FINANCE LIMITED debentures with record date on 15.01.2026, reducing face value to Rs. 62,499.97 per debenture effective 16.01.2026.

Summary

BSE has notified that GREAVES FINANCE LIMITED will execute a partial redemption of its debentures (ISIN: INE1QWF07022, Scrip Code: 977441) with a record date of January 15, 2026. Following this redemption, the reduced face value will be Rs. 62,499.97 per debenture, and trading will commence with the new face value from January 16, 2026.

Key Points

  • Debenture: GFL-11.50%-30-04-27-UL-PVT (ISIN: INE1QWF07022, Scrip Code: 977441)
  • Corporate action: Part Redemption of Debentures
  • Reduced face value: Rs. 62,499.97 per debenture
  • Trading with reduced face value starts: January 16, 2026
  • Notice reference: DR-800/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for partial debenture redemption.

Compliance Requirements

  • Trading members must note the partial redemption and updated face value
  • Trading members must ensure debentures are traded with the reduced face value of Rs. 62,499.97 per debenture from January 16, 2026 onwards
  • All trading systems and records should reflect the updated face value post-redemption

Important Dates

  • January 14, 2026: Notice date
  • January 15, 2026: Record date for partial redemption
  • January 16, 2026: Effective date for trading with reduced face value
  • April 30, 2027: Debenture maturity date (as per instrument name)

Impact Assessment

Market Impact: Medium - Affects holders of GREAVES FINANCE LIMITED debentures specifically. The partial redemption reduces the outstanding face value, which impacts debt instrument valuation and trading.

Operational Impact: Trading members must update their systems to reflect the new face value from January 16, 2026. This is a routine corporate action with standard operational adjustments required.

Investor Impact: Debenture holders will receive partial redemption proceeds based on the record date of January 15, 2026. The remaining investment will continue with a reduced face value of Rs. 62,499.97 per debenture.

Impact Justification

Routine partial debenture redemption affecting specific debt instrument holders with updated trading terms from January 16, 2026