Description

INCRED FINANCIAL SERVICES LIMITED has fixed record date for part redemption of debentures and payment of interest with reduced face value effective February 13, 2026.

Summary

INCRED FINANCIAL SERVICES LIMITED has announced a part redemption of its Non-Convertible Debentures (ISIN: INE321N07475) along with payment of interest. The record date is set as February 13, 2026, and trading in these debentures will commence with a reduced face value from the same date.

Key Points

  • Company: INCRED FINANCIAL SERVICES LIMITED
  • Security Code: 976209
  • ISIN: INE321N07475 (IFSL-9.90%-25-11-27-PVT)
  • Record Date: February 13, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 58,333.35 per Debenture
  • Effective Date: February 13, 2026
  • Settlement Number: DR-820/2025-2026
  • Segment: Debt

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for part redemption of debentures.

Compliance Requirements

  • Trading Members must note that trading in the debentures will be conducted with the reduced face value effective from February 13, 2026
  • Members should update their systems to reflect the new face value of Rs. 58,333.35 per debenture
  • Debenture holders on record as of February 13, 2026 will be eligible for interest payment and part redemption

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 corporate action has medium impact limited to holders of INCRED FINANCIAL SERVICES LIMITED’s 9.90% debentures maturing on November 25, 2027. The part redemption will reduce the outstanding face value to Rs. 58,333.35 per debenture, affecting the debt exposure and future interest calculations for debenture holders. Trading members need to update their systems to reflect the reduced face value from the effective date to ensure accurate trading and settlement.

Impact Justification

Medium impact corporate action affecting specific debenture holders of INCRED FINANCIAL SERVICES LIMITED with scheduled part redemption and face value reduction