Description

STAR HOUSING FINANCE LIMITED announces part redemption of Non-Convertible Debentures with record date of February 4, 2026, reducing face value to Rs. 33,333.34 per debenture.

Summary

STAR HOUSING FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE526R07017, Code: 975161) with a record date of February 4, 2026. The debentures carry a coupon rate of 13.10% and mature on April 19, 2027. Trading in these debentures will commence with reduced face value effective February 4, 2026.

Key Points

  • Part redemption of 13.10% Non-Convertible Debentures (NCD) series
  • ISIN: INE526R07017, BSE Code: 975161
  • Combined event: Part redemption and interest payment
  • New face value: Rs. 33,333.34 per debenture (post-redemption)
  • Trading with reduced face value begins February 4, 2026
  • Settlement number: DR-813/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action under existing debenture redemption regulations.

Compliance Requirements

  • Trading members must note the reduced face value for trading purposes
  • All trades executed on or after February 4, 2026 will be at the reduced face value of Rs. 33,333.34
  • Debenture holders on record as of February 4, 2026 will be eligible for interest payment and part redemption

Important Dates

  • Notice Date: January 29, 2026
  • Record Date: February 4, 2026
  • Effective Date for Reduced Face Value: February 4, 2026
  • Settlement Number: DR-813/2025-2026
  • Debenture Maturity: April 19, 2027

Impact Assessment

For Debenture Holders: Positive impact as they receive partial principal repayment along with interest payment. The reduced face value reflects the partial redemption, reducing outstanding principal exposure.

For Trading Members: Operational impact requiring system updates to reflect the new face value of Rs. 33,333.34 per debenture for all transactions from February 4, 2026 onwards.

Market Impact: Limited to holders of this specific privately placed debenture series. No broader market implications. The part redemption improves the issuer’s debt profile while providing liquidity to investors.

Impact Justification

Part redemption affects debenture holders of STAR HOUSING FINANCE LIMITED with material change in face value, but limited to specific debt instrument holders