Description

INCRED FINANCIAL SERVICES LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures, with trading to commence at reduced face value from February 13, 2026.

Summary

INCRED FINANCIAL SERVICES LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE321N07475, Code: 976209) along with interest payment. The record date has been set as February 13, 2026, and trading in these debentures will commence with reduced face value effective from the same date under settlement number DR-820/2025-2026.

Key Points

  • Part redemption of non-convertible debentures of INCRED FINANCIAL SERVICES LIMITED (IFSL-9.90%-25-11-27-PVT)
  • ISIN: INE321N07475, BSE Code: 976209
  • Interest payment to be made along with part redemption
  • Reduced face value: Rs. 58,333.35 per debenture
  • Trading members informed to note the face value reduction for trading purposes

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from February 13, 2026
  • All trades executed from the effective date must reflect the new face value of Rs. 58,333.35 per debenture
  • Settlement number DR-820/2025-2026 applies for transactions at reduced face value

Important Dates

  • Notice Date: February 9, 2026
  • Record Date: February 13, 2026 (for determining eligible debenture holders for interest payment and part redemption)
  • Effective Date of Reduced Face Value: February 13, 2026
  • Settlement Number: DR-820/2025-2026

Impact Assessment

Market Impact: Medium - Affects only holders of specific debentures (INE321N07475) of INCRED FINANCIAL SERVICES LIMITED in the debt segment.

Operational Impact: Trading members need to update their systems to reflect the reduced face value of Rs. 58,333.35 per debenture from February 13, 2026. This is a routine corporate action that requires attention from debt market participants and debenture holders for accurate transaction processing and settlement.

Impact Justification

Routine corporate action affecting debenture holders of INCRED FINANCIAL SERVICES LIMITED with specific record date and face value changes for debt securities.