Description
BERAR FINANCE LIMITED has fixed Record Date for Payment of Interest and Part Redemption of Non-Convertible Debentures with reduced face value effective February 13, 2026.
Summary
BSE has notified that BERAR FINANCE LIMITED has fixed a Record Date of February 13, 2026 for Payment of Interest and Part Redemption of its Non-Convertible Debentures (ISIN: INE998Y07154, Code: 976143). Trading in these debentures will occur with a reduced face value effective from the same date.
Key Points
- Company: BERAR FINANCE LIMITED
- Debenture Series: BFL-11.4%-28-10-26-PVT
- ISIN: INE998Y07154
- BSE Code: 976143
- Record Date: February 13, 2026
- Purpose: Part Redemption of Debentures and Payment of Interest
- Reduced Face Value: Rs. 3,333.34 per Debenture (from previous face value)
- Effective Date: February 13, 2026
- Settlement Number: DR-820/2025-2026
Regulatory Changes
No regulatory changes. This is a corporate action notification for debt securities.
Compliance Requirements
- Trading Members must note that trading in the debentures will be with Reduced Face Value effective from February 13, 2026
- All trading systems must reflect the new face value of Rs. 3,333.34 per debenture from the effective date
Important Dates
- Notice Date: February 9, 2026
- Record Date: February 13, 2026
- Effective Date for Reduced Face Value: February 13, 2026
- Settlement Number: DR-820/2025-2026
Impact Assessment
This part redemption reduces the face value of BERAR FINANCE LIMITED’s debentures to Rs. 3,333.34 per debenture. Debenture holders will receive partial redemption proceeds along with interest payment on the record date. The reduced face value will affect future coupon calculations and trading dynamics. This is a standard corporate action for debt instruments and impacts only holders of this specific debenture series (BFL-11.4%-28-10-26-PVT).
Impact Justification
Part redemption of debentures affects debenture holders of BERAR FINANCE LIMITED with reduced face value from Rs. 10000 to Rs. 3333.34. Medium impact as it affects specific debt instrument holders.