Description
BSE notifies part redemption of three series of Non-Convertible Debentures of Oxyzo Financial Services Limited with record date of March 12, 2026, resulting in reduced face values effective the same date.
Summary
BSE has informed trading members that Oxyzo Financial Services Limited has fixed March 12, 2026 as the record date for part redemption of three series of its Non-Convertible Debentures (NCDs). Trading in these debentures will occur at reduced face values effective March 12, 2026, under settlement DR-838/2025-2026.
Key Points
- Three NCD series of Oxyzo Financial Services Limited are undergoing part redemption
- Record date for all three series: March 12, 2026
- Effective date for reduced face value trading: March 12, 2026
- Settlement number: DR-838/2025-2026
- All debentures are privately placed (PVT)
- Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes introduced. This is an operational notice pursuant to existing debt market rules governing part redemption of debentures.
Compliance Requirements
- Trading members must note the revised (reduced) face values for each debenture series effective March 12, 2026
- All trades in the affected debentures from the effective date must reflect the reduced face values
Important Dates
- Record Date: March 12, 2026
- Effective Date for Reduced Face Value: March 12, 2026
- Settlement: DR-838/2025-2026
Impact Assessment
Debenture Series Affected:
| Series | ISIN | Code | Reduced Face Value |
|---|---|---|---|
| OFSL-9.75%-27-03-28-PVT | INE04VS07412 | 976575 | Rs. 66,667 per debenture |
| OFSL-9.75%-27-3-27-PVT | INE04VS07388 | 976577 | Rs. 57,143 per debenture |
| OFSL-9.75%-26-03-28-PVT | INE04VS07396 | 976578 | Rs. 66,667 per debenture |
Impact is limited to existing holders of these privately placed NCD series. The part redemption reduces outstanding principal, lowering the face value per debenture. Broader market impact is minimal given the private placement nature of these instruments.
Impact Justification
Routine part redemption of privately placed NCDs affecting three debenture series; impacts existing debenture holders with reduced face values but has limited broad market impact.