Description

BERAR FINANCE LIMITED has fixed record date for part redemption of debentures and interest payment, with reduced face value effective from February 13, 2026.

Summary

BERAR FINANCE LIMITED has set the record date as February 13, 2026 for part redemption of its Non-Convertible Debentures (ISIN: INE998Y07154, Code: BFL-11.4%-28-10-26-PVT, Scrip Code: 976143) and payment of interest. The debentures will trade with a reduced face value of Rs. 3,333.34 per debenture effective from February 13, 2026 (Settlement No. DR-820/2025-2026).

Key Points

  • Issuer: BERAR FINANCE LIMITED
  • Security: Non-Convertible Debentures (11.4% coupon, maturity 28-10-26)
  • ISIN: INE998Y07154
  • Scrip Code: 976143
  • Record Date: February 13, 2026
  • Purpose: Part redemption of debentures and interest payment
  • New Face Value: Rs. 3,333.34 per debenture
  • Effective Date: February 13, 2026
  • Settlement Number: DR-820/2025-2026

Regulatory Changes

No regulatory changes. This is a routine corporate action notification.

Compliance Requirements

Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 3,333.34 per debenture effective from February 13, 2026.

Important Dates

  • Record Date: February 13, 2026 - For determining eligibility for part redemption and interest payment
  • Effective Date: February 13, 2026 - Trading begins with reduced face value
  • Circular Date: February 9, 2026

Impact Assessment

This is a routine corporate action affecting only holders of BERAR FINANCE LIMITED’s specific debenture series. The part redemption reduces the outstanding face value per debenture to Rs. 3,333.34. Market impact is limited to this specific debt instrument and does not affect broader market operations. Trading members dealing with this security need to update their systems to reflect the reduced face value for transactions from the effective date.

Impact Justification

Routine corporate action affecting a single company's debentures with limited market-wide impact, relevant primarily to specific debenture holders