Description

India Shelter Finance Corporation Limited has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective February 12, 2026.

Summary

India Shelter Finance Corporation Limited has announced part redemption of its non-convertible debentures (ISIN: INE922K07112, Code: 977323) with a record date of February 12, 2026. Trading in these debentures will commence with a reduced face value effective from the same date. The debentures carrying 7.85% interest rate maturing on November 30, 2030, will have their face value reduced from Rs. 100,000 to Rs. 95,000 per debenture.

Key Points

  • Company: India Shelter Finance Corporation Limited
  • Security: 7.85% Non-Convertible Debentures maturing November 30, 2030
  • ISIN: INE922K07112
  • Scrip Code: 977323
  • Record Date: February 12, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 95,000 per debenture (from Rs. 100,000)
  • Effective Date: February 12, 2026
  • Settlement Number: DR-819/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action pursuant to the terms of the debenture issuance.

Compliance Requirements

  • Trading members must note that trading in these debentures will be conducted with the reduced face value of Rs. 95,000 per debenture effective from February 12, 2026
  • Trading members should update their systems to reflect the new face value for settlement DR-819/2025-2026
  • Debenture holders on record as of February 12, 2026 will be eligible for interest payment and part redemption proceeds

Important Dates

  • Record Date: February 12, 2026 - Eligibility date for interest payment and part redemption
  • Effective Date: February 12, 2026 - Trading commences with reduced face value of Rs. 95,000
  • Settlement: DR-819/2025-2026

Impact Assessment

Impact on Debenture Holders: Debenture holders will receive part redemption proceeds equivalent to Rs. 5,000 per debenture (5% of original face value) along with accrued interest. The remaining investment will continue with a reduced face value of Rs. 95,000 per debenture until maturity in 2030.

Impact on Trading: The reduced face value will affect the pricing and trading calculations for these debentures. Market participants must adjust their valuation models and trading systems accordingly. The part redemption reduces the outstanding principal amount, which may impact liquidity in this security.

Operational Impact: Trading members and custodians need to update their systems to reflect the new face value for accurate position tracking, margin calculations, and settlement processing from February 12, 2026 onwards.

Impact Justification

Routine corporate action affecting debenture holders with part redemption and interest payment, involving face value reduction from Rs. 100,000 to Rs. 95,000 per debenture