Description

BELSTAR MICROFINANCE LIMITED has fixed the record date for payment of interest and part redemption on non-convertible debentures, with reduced face value effective from January 28, 2026.

Summary

BELSTAR MICROFINANCE LIMITED has fixed the record date of January 28, 2026 for the purpose of payment of interest and part redemption on its non-convertible debentures (ISIN: INE443L07190, Code: 977020). Trading in the debentures will be conducted with a reduced face value of Rs. 75,000 per debenture effective from January 28, 2026.

Key Points

  • Company: BELSTAR MICROFINANCE LIMITED
  • Security Type: Non-Convertible Debenture (BML-9.1%-12-8-27-PVT)
  • ISIN: INE443L07190
  • BSE Code: 977020
  • Corporate Action: Part Redemption and Interest Payment
  • Record Date: January 28, 2026
  • Reduced Face Value: Rs. 75,000 per debenture
  • Effective Date: January 28, 2026
  • Settlement Number: DR-807/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must note that trading in the debenture will be conducted with the reduced face value effective from January 28, 2026
  • Investors holding debentures as on the record date will be eligible for interest payment and part redemption

Important Dates

  • Record Date: January 28, 2026 - Eligibility date for interest payment and part redemption
  • Effective Date: January 28, 2026 - Date from which trading will be with reduced face value
  • Notice Date: January 19, 2026

Impact Assessment

This is a routine corporate action with minimal market impact. The part redemption reduces the face value of the debentures to Rs. 75,000 per unit. Impact is limited to existing debenture holders of BELSTAR MICROFINANCE LIMITED who will receive partial principal repayment along with interest. Trading members need to update their systems to reflect the reduced face value for trading from the effective date.

Impact Justification

Routine corporate action affecting specific debenture holders of BELSTAR MICROFINANCE LIMITED with part redemption and interest payment. Limited market-wide impact as it concerns debt securities of a single issuer.