Description

Record date fixed for part redemption and interest payment on NCDs of Varthana Finance. Trading will be with reduced face value from January 21-22, 2026.

Summary

Varthana Finance Private Limited has fixed record dates for part redemption and interest payment on two series of Non-Convertible Debentures (NCDs). Trading in these debentures will commence with reduced face values effective from the respective record dates in January 2026.

Key Points

  • Two debenture series affected: VFPL-11.5%-5-2-27-PVT and VFPL-11.7%-6-8-27-pvt
  • Part redemption coupled with interest payment
  • Trading will continue with reduced face values post-redemption
  • Settlement numbers: DR-803/2025-2026 and DR-804/2025-2026

Debenture Details

Series 1: VFPL-11.5%-5-2-27-PVT

  • ISIN: INE125T07329 (Code: 976375)
  • Record Date: January 21, 2026
  • Reduced Face Value: Rs. 5,000 per debenture
  • Effective Date: January 21, 2026
  • Settlement: DR-803/2025-2026

Series 2: VFPL-11.7%-6-8-27-pvt

  • ISIN: INE125T07311 (Code: 976219)
  • Record Date: January 22, 2026
  • Reduced Face Value: Rs. 66,667 per debenture
  • Effective Date: January 22, 2026
  • Settlement: DR-804/2025-2026

Important Dates

  • January 21, 2026: Record date and effective date for reduced face value (Series 1)
  • January 22, 2026: Record date and effective date for reduced face value (Series 2)

Compliance Requirements

  • Trading members must note the reduced face values effective from the specified dates
  • Debenture holders on record date will receive part redemption proceeds and interest payment

Impact Assessment

This corporate action affects holders of Varthana Finance debentures in the debt segment. The part redemption reduces principal outstanding while providing liquidity to debenture holders. Trading members must update systems to reflect reduced face values to ensure accurate pricing and settlement. Impact is limited to participants in these specific debenture series.

Impact Justification

Part redemption affects specific debenture holders of Varthana Finance with reduced face values. Limited to debt segment participants.