Description

MAHAVEER FINANCE INDIA LIMITED has fixed Record Date for payment of interest and part redemption of Non-Convertible Debentures with reduced face value effective February 3, 2026.

Summary

MAHAVEER FINANCE INDIA LIMITED has announced part redemption of its Non-Convertible Debentures along with interest payment. The record date has been fixed as February 3, 2026, and trading in the debentures will commence with reduced face value effective from the same date.

Key Points

  • Company: MAHAVEER FINANCE INDIA LIMITED
  • Security: MFIL-11.6%-18-2-27-PVT (ISIN: INE911L07121, Code: 976428)
  • Record Date: February 3, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 5,000 per Debenture
  • Effective Date: February 3, 2026
  • Settlement Number: DR-812/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading Members must note that trading in the debentures will be conducted with reduced face value effective from February 3, 2026
  • All trading members are required to update their systems to reflect the new face value of Rs. 5,000 per debenture

Important Dates

  • Notice Date: January 28, 2026
  • Record Date: February 3, 2026
  • Effective Date for Reduced Face Value Trading: February 3, 2026

Impact Assessment

Impact on Debenture Holders: Debenture holders on record as of February 3, 2026 will receive partial redemption proceeds and interest payment. The face value of their holdings will be reduced to Rs. 5,000 per debenture.

Market Impact: Limited impact confined to holders of this specific debt security. Trading will continue with the reduced face value from the effective date.

Operational Impact: Trading members need to ensure their systems are updated to reflect the reduced face value for accurate trade processing and settlement from February 3, 2026 onwards.

Impact Justification

Routine corporate action affecting debenture holders of MAHAVEER FINANCE INDIA LIMITED. Part redemption reduces face value from original to Rs. 5000 per debenture with interest payment on record date.