Description

BSE notifies trading members that Star Housing Finance Limited has fixed a record date of 04 March 2026 for part redemption of its 13.10% privately placed NCDs (ISIN INE526R07017), with the reduced face value of Rs. 30,952.39 per debenture effective from the same date.

Summary

BSE has notified trading members that Star Housing Finance Limited has fixed 04 March 2026 as the record date for the part redemption of its privately placed Non-Convertible Debentures (SHFL-13.10%-19-4-27-PVT, ISIN INE526R07017, BSE Code 975161) along with payment of interest. Trading in these debentures will be conducted at a reduced face value of Rs. 30,952.39 per debenture effective from 04 March 2026.

Key Points

  • Company: Star Housing Finance Limited
  • Debenture Series: SHFL-13.10%-19-4-27-PVT
  • ISIN: INE526R07017 (BSE Code: 975161)
  • Record Date: 04 March 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 30,952.39 per debenture
  • Effective Date for Reduced Face Value: 04 March 2026
  • Settlement Number: DR-832/2025-2026
  • Notice issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations (dated 24 February 2026)

Regulatory Changes

No new regulatory framework introduced. This circular implements a standard corporate action (part redemption) under BSE’s existing debt market operational procedures. Trading in the debenture will reflect the revised (reduced) face value from the effective date onwards.

Compliance Requirements

  • Trading members must note the reduced face value of Rs. 30,952.39 per debenture effective 04 March 2026.
  • All trades in ISIN INE526R07017 (BSE Code 975161) from the effective date must be executed at the reduced face value.
  • Members should update their systems and inform relevant clients holding these debentures accordingly.

Important Dates

  • Circular Date: 27 February 2026
  • Record Date: 04 March 2026
  • Effective Date (Reduced Face Value): 04 March 2026
  • Settlement Number: DR-832/2025-2026

Impact Assessment

This is a routine debt segment corporate action affecting holders of the specific Star Housing Finance Limited NCD series (SHFL-13.10%-19-4-27-PVT). The part redemption reduces the face value of outstanding debentures to Rs. 30,952.39 per unit, reflecting the return of a portion of principal to debenture holders. Impact is limited to investors and trading members dealing in this specific instrument. Broader market impact is negligible given the privately placed nature of the security.

Impact Justification

Affects only holders of a specific privately placed NCD series of Star Housing Finance Limited; routine corporate action with defined effective date and reduced face value, limited to debt segment participants.