Description
BERAR FINANCE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective January 28, 2026.
Summary
BERAR FINANCE LIMITED has fixed the record date of January 28, 2026 for payment of interest and part redemption of its non-convertible debentures (ISIN: INE998Y07162, Code: 976404, Series: BRFL-11.50%-12-2-27-PVT). Trading in these debentures will commence with a reduced face value effective from the same date.
Key Points
- Record date set as January 28, 2026 for interest payment and part redemption
- Debenture ISIN: INE998Y07162
- BSE Code: 976404
- Series: BRFL-11.50%-12-2-27-PVT
- Reduced face value: Rs. 5000 per debenture
- Trading with reduced face value effective from January 28, 2026
- Settlement number: DR-807/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for debt securities.
Compliance Requirements
- Trading members must note that debentures will trade with reduced face value from the effective date
- All trading activities post January 28, 2026 must reflect the new face value of Rs. 5000 per debenture
Important Dates
- Record Date: January 28, 2026 - For determining eligible debenture holders for interest payment and part redemption
- Effective Date: January 28, 2026 - Commencement of trading with reduced face value
- Settlement: DR-807/2025-2026
Impact Assessment
This corporate action impacts debenture holders of BERAR FINANCE LIMITED who hold the BRFL-11.50%-12-2-27-PVT series. Holders as on the record date will receive interest payment and partial redemption amount. Post-redemption, the debentures will trade at the reduced face value of Rs. 5000, which trading members must account for in their systems and operations.
Impact Justification
Routine corporate action affecting debenture holders of BERAR FINANCE LIMITED with face value reduction from existing value to Rs. 5000 per debenture