Description

BSE notifies part redemption and interest payment for two series of non-convertible debentures issued by Greaves Finance Limited with reduced face values effective February 12, 2026.

Summary

BSE has notified that Greaves Finance Limited will conduct part redemption of two series of non-convertible debentures along with interest payment. The record date is February 12, 2026, and trading in these debentures will commence with reduced face values from the same date under settlement DR-819/2025-2026.

Key Points

  • Two series of debentures affected: GFL-10.50%-29-9-27-PVT (ISIN: INE1QWF07014) and GFL-11.50%-30-04-27-UL-PVT (ISIN: INE1QWF07022)
  • Part redemption combined with interest payment for both series
  • GFL-10.50%-29-9-27-PVT: Reduced face value of Rs. 79,165 per debenture
  • GFL-11.50%-30-04-27-UL-PVT: Reduced face value of Rs. 58,333.30 per debenture
  • Trading members notified to note the reduced face values for trading purposes

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the reduced face values effective from February 12, 2026
  • Debentures will trade at reduced face values from the effective date
  • Settlement to be processed under DR-819/2025-2026

Important Dates

  • Record Date: February 12, 2026 - For determining debenture holders eligible for part redemption and interest payment
  • Effective Date: February 12, 2026 - Trading commences with reduced face values
  • Settlement Number: DR-819/2025-2026

Impact Assessment

This is a routine debt market corporate action with minimal market impact. Only holders of the specified debenture series of Greaves Finance Limited are affected. The part redemption will return capital to debenture holders while the securities continue to trade at reduced face values. No impact on equity markets or broader debt market operations.

Impact Justification

Routine debt security corporate action affecting only specific debenture holders of Greaves Finance Limited with no broader market impact