Description
BELSTAR MICROFINANCE LIMITED has fixed the record date for payment of interest and part redemption on non-convertible debentures, with trading to commence at reduced face value from January 28, 2026.
Summary
BELSTAR MICROFINANCE LIMITED has announced part redemption and interest payment on its non-convertible debentures (ISIN: INE443L07190, Code: 977020). The record date has been set as January 28, 2026, and trading in the debentures will commence with a reduced face value of Rs. 75,000 per debenture effective from the same date.
Key Points
- Company: BELSTAR MICROFINANCE LIMITED
- Debenture Code: BML-9.1%-12-8-27-PVT (977020)
- ISIN: INE443L07190
- Record Date: January 28, 2026
- Purpose: Part redemption of debenture and payment of interest
- Reduced Face Value: Rs. 75,000 per debenture
- Effective Date of Reduced Face Value: January 28, 2026
- Settlement Number: DR-807/2025-2026
Regulatory Changes
No regulatory changes are introduced by this circular. This is a standard corporate action notification.
Compliance Requirements
Trading members of the exchange must note that:
- Trading in the debenture will be conducted with reduced face value effective January 28, 2026
- The face value reduction is consequent to part redemption
- All trades from the effective date onwards should reflect the reduced face value of Rs. 75,000 per debenture
Important Dates
- Notice Date: January 19, 2026
- Record Date: January 28, 2026
- Effective Date of Reduced Face Value: January 28, 2026
- Settlement Number: DR-807/2025-2026
Impact Assessment
This circular has minimal market-wide impact as it pertains specifically to debenture holders of BELSTAR MICROFINANCE LIMITED. The part redemption will reduce the outstanding principal amount, and trading members need to adjust their systems to reflect the reduced face value from the effective date. Debenture holders on record as of January 28, 2026, will receive interest payment and partial redemption proceeds.
Impact Justification
Routine corporate action for a single non-convertible debenture issue affecting only debenture holders of BELSTAR MICROFINANCE LIMITED. No broader market implications.