Description

NIYOGIN FINTECH LIMITED has fixed Record Date for part redemption and interest payment on its 12.8% Non-Convertible Debentures. Trading will be with reduced face value of Rs. 500 per debenture effective February 2, 2026.

Summary

NIYOGIN FINTECH LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE480D07017, Scrip Code: 976920) along with interest payment. The Record Date is set as February 2, 2026. Post redemption, trading in these debentures will commence with a reduced face value of Rs. 500 per debenture effective from the same date under settlement number DR-811/2025-2026.

Key Points

  • Company: NIYOGIN FINTECH LIMITED
  • Debenture: NFL-12.8%-27-7-26-PVT
  • ISIN: INE480D07017
  • Scrip Code: 976920
  • Interest Rate: 12.8%
  • Record Date: February 2, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • New Face Value: Rs. 500 per Debenture
  • Effective Date: February 2, 2026
  • Settlement Number: DR-811/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action for debt securities.

Compliance Requirements

  • Trading Members are required to note that trading in the debentures will be conducted with reduced face value effective from February 2, 2026
  • Members must update their systems to reflect the new face value of Rs. 500 per debenture
  • Settlement to be processed under DR-811/2025-2026

Important Dates

  • Record Date: February 2, 2026 - For determining eligible debenture holders for interest payment and part redemption
  • Effective Date: February 2, 2026 - Trading with reduced face value commences
  • Notice Date: January 28, 2026

Impact Assessment

This circular has limited market impact as it pertains to a specific debt instrument of NIYOGIN FINTECH LIMITED. Only holders of these particular Non-Convertible Debentures are affected. The part redemption reduces the outstanding face value to Rs. 500 per debenture, and trading members need to adjust their systems accordingly. This is a routine corporate action in the debt segment with no broader implications for equity markets or general trading operations.

Impact Justification

Standard corporate action affecting only specific debenture holders of NIYOGIN FINTECH LIMITED. Limited to debt segment with reduced face value adjustment. No broader market impact.