Description
BERAR FINANCE LIMITED has fixed Record Date for Payment of Interest and Part Redemption of Non-Convertible Debentures, with reduced face value effective from January 28, 2026.
Summary
BSE has notified that BERAR FINANCE LIMITED has fixed the Record Date for Payment of Interest and Part Redemption of its Non-Convertible Debentures (ISIN: INE998Y07162). Trading in these debentures will be conducted with a reduced face value of Rs. 5000 per debenture effective from January 28, 2026.
Key Points
- Company: BERAR FINANCE LIMITED
- Debenture Code: BRFL-11.50%-12-2-27-PVT
- ISIN: INE998Y07162 (Code: 976404)
- Record Date: January 28, 2026
- Purpose: Part Redemption of Debentures and Payment of Interest
- Reduced Face Value: Rs. 5000 per Debenture
- Effective Date: January 28, 2026
- Settlement Number: DR-807/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for debenture redemption.
Compliance Requirements
Trading Members of BSE must:
- Note that trading in the debentures will be conducted with reduced face value of Rs. 5000 per debenture
- Ensure proper settlement from the effective date January 28, 2026 under settlement number DR-807/2025-2026
- Update their systems to reflect the reduced face value for trading purposes
Important Dates
- Notice Date: January 21, 2026
- Record Date: January 28, 2026
- Effective Date for Reduced Face Value: January 28, 2026
- Settlement Number: DR-807/2025-2026
Impact Assessment
This circular has limited market impact as it affects only holders of specific non-convertible debentures issued by BERAR FINANCE LIMITED. The part redemption will result in a reduced face value for the debentures, which is a routine corporate action in the debt segment. Trading members need to update their systems to reflect the new face value for accurate trading and settlement.
Impact Justification
Routine corporate action affecting specific debenture holders of BERAR FINANCE LIMITED with limited market-wide impact