Description

BSE notifies trading members of part redemption of Non-Convertible Debentures of Spandana Sphoorty Financial Limited with a record date of 02/03/2026, after which trading will occur at a reduced face value of Rs. 87,500 per debenture.

Summary

BSE has informed trading members that Spandana Sphoorty Financial Limited has fixed a record date of 02 March 2026 for part redemption of its Non-Convertible Debentures (NCDs) and payment of interest. Following the record date, trading in the debentures will continue at a reduced face value of Rs. 87,500 per debenture effective 02 March 2026.

Key Points

  • Company: Spandana Sphoorty Financial Limited
  • Debenture Series: SSFL-11.25%-17-12-27-PVT (ISIN: INE572J07778, Scrip Code: 977387)
  • Record Date: 02 March 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 87,500 per debenture
  • Effective Date for Reduced Face Value: 02 March 2026
  • Settlement Number: DR-831/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action under BSE’s debt market segment procedures for part redemption events.

Compliance Requirements

  • Trading members must note that from 02 March 2026, all trades in INE572J07778 (Scrip Code 977387) will be executed at the reduced face value of Rs. 87,500 per debenture.
  • Members should update their systems and inform clients accordingly prior to the effective date.

Important Dates

  • Record Date: 02 March 2026
  • Effective Date for Reduced Face Value Trading: 02 March 2026
  • Settlement: DR-831/2025-2026
  • Notice Date: 20 February 2026

Impact Assessment

This part redemption reduces the face value of the SSFL NCD series (ISIN: INE572J07778) from its current level to Rs. 87,500 per debenture. Debenture holders will receive a partial principal repayment along with accrued interest on the record date. Post-redemption, the reduced face value will be reflected in all subsequent trades on the BSE debt segment. The impact is limited to holders and traders of this specific debenture series.

Impact Justification

Routine corporate action affecting a specific NCD series of Spandana Sphoorty Financial Limited; impacts debenture holders and traders in the debt segment with a reduced face value post-record date.