Description

Muthoot Capital Services Ltd. has fixed February 14, 2026 as record date for part redemption of debentures and interest payment, with trading to commence at reduced face value of Rs. 37,500 per debenture from February 13, 2026.

Summary

BSE has notified that Muthoot Capital Services Ltd. will undertake part redemption of its non-convertible debentures (ISIN: INE296G07226, Code: 976213) with a record date of February 14, 2026. Trading in these debentures will commence with a reduced face value of Rs. 37,500 per debenture effective from February 13, 2026 (Settlement No. DR-820/2025-2026). This corporate action includes both part redemption and interest payment to eligible debenture holders.

Key Points

  • Company: Muthoot Capital Services Ltd.
  • ISIN: INE296G07226
  • Scrip Code: 976213
  • Corporate Action: Part redemption of debentures and interest payment
  • Reduced face value: Rs. 37,500 per debenture
  • Trading segment: Debt Market

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification as per existing BSE debt market procedures.

Compliance Requirements

  • Trading members must note that debentures will trade at reduced face value from the effective date
  • Members should update their systems to reflect the new face value for trading purposes
  • Debenture holders on record date will be eligible for part redemption proceeds and interest payment

Important Dates

  • Notice Date: February 9, 2026
  • Effective Date for Reduced Face Value: February 13, 2026
  • Settlement Number: DR-820/2025-2026
  • Record Date: February 14, 2026

Impact Assessment

Market Impact: Medium - Affects only holders of this specific debenture series (MCSL 10.40% due December 2, 2026). The part redemption will reduce the outstanding principal and adjust the trading face value accordingly.

Operational Impact: Trading members and clearing participants must adjust their systems to reflect the new face value of Rs. 37,500 per debenture from February 13, 2026. Debenture holders will receive partial redemption proceeds along with accrued interest as per the terms of issuance.

Liquidity Impact: Partial redemption may affect liquidity in this security as the outstanding amount reduces, though this is a routine corporate action for debt securities.

Impact Justification

Routine corporate action affecting debenture holders of Muthoot Capital Services with part redemption and face value adjustment, impacting debt market participants holding these specific securities.