Description
India Shelter Finance Corporation Limited has fixed a Record Date of 11 March 2026 for part redemption of Non-Convertible Debentures and payment of interest, with trading in the debentures to occur at a reduced face value of Rs. 75,000 per debenture effective the same date.
Summary
BSE Notice No. 20260302-53 informs trading members that India Shelter Finance Corporation Limited has fixed 11 March 2026 as the Record Date for part redemption of its Non-Convertible Debentures (series ISFCL-RR-8.65%-3M MCLR-25-3-29, ISIN INE922K07104, scrip code 976546) along with payment of interest. From the effective date, trading in these debentures will take place at a reduced face value of Rs. 75,000 per debenture.
Key Points
- Company: India Shelter Finance Corporation Limited
- Debenture Series: ISFCL-RR-8.65%-3M MCLR-25-3-29
- ISIN: INE922K07104 (BSE Scrip Code: 976546)
- Record Date: 11 March 2026
- Purpose: Part Redemption of Non-Convertible Debentures and Payment of Interest
- Reduced Face Value: Rs. 75,000 per Debenture
- Effective Date: 11 March 2026
- Settlement Number: DR-837/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification under BSE’s debt segment listing compliance framework.
Compliance Requirements
- Trading members must note that from 11 March 2026, all trades in the referenced NCD (ISIN INE922K07104, scrip code 976546) must be executed at the reduced face value of Rs. 75,000 per debenture.
- Members should update their systems to reflect the reduced face value effective from settlement DR-837/2025-2026.
Important Dates
| Event | Date |
|---|---|
| Notice Date | 02 March 2026 |
| Record Date | 11 March 2026 |
| Effective Date of Reduced Face Value | 11 March 2026 |
| Settlement Number | DR-837/2025-2026 |
Impact Assessment
This is a routine partial redemption event with limited broad market impact. Existing holders of ISFCL-RR-8.65%-3M MCLR-25-3-29 debentures will receive a partial return of principal along with accrued interest on the record date. The face value of the instrument will be reduced to Rs. 75,000 per debenture post-redemption, which will affect the market price and trading value of the security on the BSE debt segment. Trading members and custodians holding this ISIN should update their records accordingly prior to the effective date.
Impact Justification
Routine corporate action — partial NCD redemption with interest payment affecting debenture holders of India Shelter Finance Corporation Limited; no broad market impact but directly affects face value and settlement for holders of scrip code 976546.