Description
FEDBANK Financial Services Limited has fixed record date for part redemption of non-convertible debentures with reduced face value effective January 30, 2026.
Summary
FEDBANK Financial Services Limited has announced part redemption of its non-convertible debentures (ISIN: INE007N07058, Code: 975918). The record date is set for January 30, 2026, and trading will commence with reduced face value from the same date in settlement DR-809/2025-2026.
Key Points
- Debenture: FFSL-8.50%-RESET RATE-14-8-28 (INE007N07058)
- Security Code: 975918
- Record Date: January 30, 2026
- Reduced Face Value: Rs. 62,500 per debenture
- Effective Date: January 30, 2026
- Settlement Number: DR-809/2025-2026
- Trading to commence with reduced face value from effective date
Regulatory Changes
No regulatory framework changes. This is a standard corporate action under existing debt market regulations.
Compliance Requirements
- Trading members must note the change in face value effective January 30, 2026
- All trades from the effective date onwards will be at the reduced face value of Rs. 62,500 per debenture
- Members should ensure proper recording of the part redemption in their systems
Important Dates
- Notice Date: January 27, 2026
- Record Date: January 30, 2026
- Effective Date for Reduced Face Value: January 30, 2026
- Settlement: DR-809/2025-2026
Impact Assessment
This part redemption impacts investors holding FEDBANK Financial Services Limited debentures. The face value reduction to Rs. 62,500 per debenture indicates partial capital repayment to debenture holders. Trading members must adjust their systems to reflect the new face value from January 30, 2026. The interest rate structure (8.50% reset rate) remains applicable on the reduced face value going forward.
Impact Justification
Part redemption of debentures affects debt investors holding FEDBANK Financial Services debentures, reducing face value from original amount to Rs. 62,500 per debenture