Description

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

Summary

BSE has notified that BERAR FINANCE LIMITED has set a record date of February 13, 2026, for part redemption of its non-convertible debentures and payment of interest. Trading in the debentures will commence with reduced face value from the same date. The debenture code is BFL-11.4%-28-10-26-PVT (ISIN: INE998Y07154, Security Code: 976143).

Key Points

  • Record date fixed: February 13, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 3,333.34 per debenture
  • Effective date for reduced face value trading: February 13, 2026
  • Settlement number: DR-820/2025-2026
  • Debenture series: BFL-11.4%-28-10-26-PVT
  • ISIN: INE998Y07154
  • BSE Security Code: 976143

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must note that trading in BERAR FINANCE LIMITED debentures will be conducted with reduced face value of Rs. 3,333.34 per debenture from February 13, 2026
  • Trading members should inform their clients holding these debentures about the record date and part redemption

Important Dates

  • Record Date: February 13, 2026 - For determining eligibility for interest payment and part redemption
  • Effective Date: February 13, 2026 - Trading commences with reduced face value (Settlement No. DR-820/2025-2026)

Impact Assessment

Debenture Holders: Investors holding these debentures as of the record date will receive interest payment and partial redemption amount. Post-redemption, the face value per debenture reduces to Rs. 3,333.34.

Market Impact: Limited impact on broader market. This is a routine corporate action specific to BERAR FINANCE LIMITED’s debt securities. Trading will continue with adjusted face value from the effective date.

Liquidity: The part redemption will return capital to debenture holders while the remaining debentures continue trading at reduced face value until maturity in October 2026.

Impact Justification

Routine corporate action affecting debenture holders of BERAR FINANCE LIMITED with specific record date and face value changes