Description
BSE notifies trading members that Star Housing Finance Limited has fixed 04 March 2026 as the record date for part redemption of non-convertible debentures (ISIN: INE526R07017) and payment of interest, with reduced face value of Rs. 30,952.39 per debenture effective the same date.
Summary
BSE has informed trading members that Star Housing Finance Limited has fixed 04 March 2026 as the Record Date for the purpose of part redemption of its Non-Convertible Debentures (NCDs) and payment of interest. Trading in the debentures will be carried out with a reduced face value effective from the same date under Settlement No. DR-832/2025-2026.
Key Points
- Star Housing Finance Limited has fixed a record date for part redemption of its NCDs and simultaneous interest payment
- Debenture series affected: SHFL-13.10%-19-4-27-PVT (ISIN: INE526R07017, BSE Code: 975161)
- Reduced face value post-redemption: Rs. 30,952.39 per debenture
- Trading will continue in the debentures but at the reduced face value from the effective date
- Settlement reference: DR-832/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is an operational notice under existing BSE listing compliance guidelines for corporate actions on debt instruments.
Compliance Requirements
- Trading members must note that from 04 March 2026, trades in debenture ISIN INE526R07017 will be executed at the reduced face value of Rs. 30,952.39 per debenture
- Members must update their systems and inform clients dealing in these debentures about the change in face value
- Settlement obligations must be met under settlement number DR-832/2025-2026
Important Dates
| Event | Date |
|---|---|
| Circular Date | 27 February 2026 |
| Record Date | 04 March 2026 |
| Effective Date (Reduced Face Value) | 04 March 2026 |
| Settlement No. | DR-832/2025-2026 |
Impact Assessment
This part redemption event has a medium impact on debenture holders and trading members dealing in Star Housing Finance NCDs. The reduction in face value to Rs. 30,952.39 per debenture signals a partial principal repayment along with the 13.10% coupon interest payment. Trading members and custodians must ensure their pricing systems reflect the new reduced face value from 04 March 2026. The event is routine in nature for this privately placed NCD series maturing in April 2027.
Impact Justification
Routine part redemption of privately placed NCDs affecting debenture holders and trading members dealing in Star Housing Finance debt instruments; reduced face value impacts debenture pricing from effective date.