Description

BSE notifies trading members of the record date and part redemption of Non-Convertible Debentures of Niwas Housing Finance Limited, with reduced face value effective March 4, 2026.

Summary

BSE has notified trading members that Niwas Housing Finance Limited has fixed a record date of March 4, 2026 for the purpose of Payment of Interest and Part Redemption of its Non-Convertible Debentures. Trading in the debentures will be with a reduced face value effective from the same date.

Key Points

  • Company: Niwas Housing Finance Limited
  • Debenture: NHFL-9.40%-19-9-26-PVT (Scrip Code: 975524, ISIN: INE01AI07025)
  • Record Date: March 4, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 40,000 per Debenture
  • Effective Date: March 4, 2026
  • Settlement Number: DR-832/2025-2026

Regulatory Changes

No new regulatory changes. This is a corporate action under existing BSE debt market segment rules requiring notification to trading members when a debenture undergoes part redemption and face value reduction.

Compliance Requirements

  • Trading members must note that debentures of Niwas Housing Finance Limited (ISIN: INE01AI07025) will trade with a reduced face value of Rs. 40,000 per debenture from March 4, 2026 onwards.
  • Members should update their systems and inform relevant clients holding these debentures prior to the record date.

Important Dates

  • Record Date: March 4, 2026 — date for determining eligible debenture holders for interest payment and part redemption
  • Effective Date for Reduced Face Value: March 4, 2026
  • Settlement: DR-832/2025-2026
  • Circular Date: February 20, 2026

Impact Assessment

This is a routine debt market corporate action. Holders of NHFL 9.40% NCDs (ISIN: INE01AI07025) will receive a part redemption payment along with accrued interest on the record date. Post-redemption, the face value of each debenture will be reduced to Rs. 40,000. The impact is limited to existing holders of this privately placed NCD series and has no broader market implications.

Impact Justification

Routine part redemption of privately placed NCDs affecting existing debenture holders; trading will continue at reduced face value from the effective date.