Description
BSE notifies part redemption of KANAKADURGA FINANCE LIMITED debentures with record date February 13, 2026, reducing face value to Rs. 45,833 per debenture.
Summary
KANAKADURGA FINANCE LIMITED has scheduled a part redemption of its non-convertible debentures along with interest payment. The record date is February 13, 2026, and trading in these debentures will commence with a reduced face value from the same date.
Key Points
- Company: KANAKADURGA FINANCE LIMITED
- ISIN: INE104W07195 (Code: 976402)
- Security: KDFL-13%-31-1-27-PVT
- Record Date: February 13, 2026
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 45,833 per debenture
- Effective Date: February 13, 2026
- Settlement Number: DR-820/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note that debentures will trade with reduced face value effective February 13, 2026
- All trading systems must reflect the updated face value from the effective date
- Members should ensure proper settlement under DR-820/2025-2026
Important Dates
- Notice Date: February 9, 2026
- Record Date: February 13, 2026
- Effective Date for Reduced Face Value: February 13, 2026
Impact Assessment
This is a routine corporate action with limited market impact, affecting only holders of KANAKADURGA FINANCE LIMITED’s specific debenture series. The part redemption returns capital to debenture holders while the reduced face value reflects the remaining principal amount. Trading members need to update their systems to reflect the new face value for accurate pricing and settlement.
Impact Justification
Routine corporate action affecting specific debenture holders of KANAKADURGA FINANCE LIMITED with limited market-wide impact