Description
BSE announces partial redemption of GREAVES FINANCE LIMITED debentures with reduced face value effective January 16, 2026, with record date set for January 15, 2026.
Summary
BSE has notified that GREAVES FINANCE LIMITED will conduct a partial redemption of its debentures (ISIN: INE1QWF07022, Scrip Code: 977441) with a record date of January 15, 2026. Following the partial redemption, the debentures will trade with a reduced face value of Rs. 62,499.97 per debenture effective from January 16, 2026.
Key Points
- Debenture: GFL-11.50%-30-04-27-UL-PVT (ISIN: INE1QWF07022, Scrip Code: 977441)
- Record date for partial redemption: January 15, 2026
- Reduced face value: Rs. 62,499.97 per debenture
- New face value effective from: January 16, 2026
- Notice reference: DR-800/2025-2026
- Issuer: GREAVES FINANCE LIMITED
Regulatory Changes
No regulatory framework changes. This is a standard corporate action involving partial redemption of debentures.
Compliance Requirements
- Trading members must note the reduced face value of Rs. 62,499.97 per debenture effective January 16, 2026
- All trades in these debentures from January 16, 2026 onwards must reflect the reduced face value
- Trading members should update their systems and records accordingly
Important Dates
- January 14, 2026: Circular issue date
- January 15, 2026: Record date for partial redemption
- January 16, 2026: Effective date for trading with reduced face value
Impact Assessment
Market Impact: Low - affects only holders of specific GREAVES FINANCE LIMITED debentures
Operational Impact: Minimal - trading members need to update face value in their systems for this specific scrip
Investor Impact: Debenture holders as on record date (January 15, 2026) will receive partial redemption proceeds, and remaining holdings will continue with reduced face value
Impact Justification
Routine partial debenture redemption affecting a single issuer with specific impact limited to debenture holders of GREAVES FINANCE LIMITED