Description

BSE notifies trading members of record dates for part redemption and interest payment on two series of Non-Convertible Debentures issued by SRG Housing Finance Limited, with reduced face values effective March 2026.

Summary

BSE has informed trading members that SRG Housing Finance Limited has fixed record dates for part redemption and interest payment on two series of privately placed Non-Convertible Debentures (NCDs). Trading in these debentures will continue with reduced face values from the respective effective dates.

Key Points

  • Two NCD series of SRG Housing Finance Limited are undergoing part redemption with simultaneous interest payments.
  • Series 1 (SRGHFL-11.52%-24-4-31-PVT, ISIN: INE559N07066, Code: 977242): Record date 09/03/2026, reduced face value Rs. 92,424.24 per debenture, effective 09/03/2026 under Settlement No. DR-835/2025-2026.
  • Series 2 (SRGHFL-11.52%-01-03-31-PVT, ISIN: INE559N07058, Code: 977076): Record date 14/03/2026, reduced face value Rs. 89,393.94 per debenture, effective 13/03/2026 under Settlement No. DR-839/2025-2026.
  • Both series carry an interest rate of 11.52% and are privately placed instruments.

Regulatory Changes

No new regulatory changes. This is a standard corporate action notice under BSE’s debt segment operations.

Compliance Requirements

  • Trading members must note the revised face values and ensure trades in the respective debenture codes reflect the reduced face values from the effective dates.
  • Members should update their systems to reflect the new face values (Rs. 92,424.24 for INE559N07066 and Rs. 89,393.94 for INE559N07058) from their respective effective dates.

Important Dates

  • Series 1 (INE559N07066):
    • Record Date: 09 March 2026
    • Effective Date for Reduced Face Value: 09 March 2026
    • Settlement No.: DR-835/2025-2026
  • Series 2 (INE559N07058):
    • Record Date: 14 March 2026
    • Effective Date for Reduced Face Value: 13 March 2026
    • Settlement No.: DR-839/2025-2026

Impact Assessment

Impact is limited to existing holders of these two specific privately placed NCD series. Debenture holders will receive partial principal repayment along with accrued interest on the respective record dates. Post-redemption, trading in these instruments will occur at the reduced face values, which may affect pricing and settlement for secondary market transactions. No broader market impact is anticipated.

Impact Justification

Routine part redemption of privately placed NCDs affecting existing debenture holders; limited to two specific ISIN series with defined record dates and reduced face values.