Description

FEDBANK Financial Services Limited has fixed the record date for part redemption of Non-Convertible Debentures with reduced face value effective from January 30, 2026.

Summary

FEDBANK Financial Services Limited has announced part redemption of its 8.50% Reset Rate Non-Convertible Debentures (ISIN: INE007N07058, Code: 975918) maturing on August 14, 2028. The record date has been fixed as January 30, 2026, and trading in these debentures will commence with a reduced face value from the same date.

Key Points

  • Part redemption of FEDBANK Financial Services Limited’s Non-Convertible Debentures
  • Security: FFSL-8.50%-RESET RATE-14-8-28 (ISIN: INE007N07058)
  • BSE Code: 975918
  • Reduced face value: Rs. 62,500 per debenture
  • Trading with reduced face value begins from the effective date

Regulatory Changes

No regulatory changes. This is a corporate action notice regarding debt security redemption.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value from the effective date
  • All market participants must update their systems to reflect the new face value of Rs. 62,500 per debenture

Important Dates

  • Notice Date: January 27, 2026
  • Record Date: January 30, 2026
  • Effective Date of Reduced Face Value: January 30, 2026
  • Settlement Number: DR-809/2025-2026

Impact Assessment

Debenture Holders: Part redemption will result in proportional return of capital to debenture holders. The face value will be reduced to Rs. 62,500 per debenture from the effective date.

Trading Impact: Medium impact on debt market participants holding these securities. Trading members need to update their systems and processes to reflect the reduced face value for settlement and valuation purposes.

Market Operations: Trading will continue without interruption but with adjusted face value, affecting the nominal value calculations for positions held in this security.

Impact Justification

Part redemption of debentures affects debt security holders of FEDBANK Financial Services Limited. Trading will continue with reduced face value from the effective date.