Description
Part redemption of non-convertible debentures of NAMDEV FINVEST PRIVATE LIMITED with reduced face value effective January 21, 2026.
Summary
NAMDEV FINVEST PRIVATE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date has been fixed as January 21, 2026, and trading in these debentures will commence with reduced face value from the same date.
Key Points
- ISIN: INE0IX207189
- Scrip Code: 975879
- Coupon Rate: 11.75%
- Original instrument maturity: 5-8-27
- Record date for part redemption and interest payment: January 21, 2026
- Reduced face value: Rs. 50,000 per debenture
- Effective date: January 21, 2026
- Settlement number: DR-803/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with reduced face value effective from January 21, 2026
- Members should update their systems to reflect the new face value of Rs. 50,000 per debenture
Important Dates
- Record Date: January 21, 2026 - for determining debenture holders eligible for part redemption and interest payment
- Effective Date: January 21, 2026 - trading commences with reduced face value (Settlement DR-803/2025-2026)
Impact Assessment
This corporate action has minimal market impact as it affects a private company’s debt securities with limited trading activity. Debenture holders will receive part redemption proceeds and interest payment as per the record date. The face value reduction reflects the partial return of principal to investors, which is a routine debt instrument lifecycle event.
Impact Justification
Routine corporate action affecting private company debentures with limited market impact; only relevant to specific debenture holders.