Description

BSE notifies trading members of part redemption and interest payment on NCDs of DVARA KSHETRIYA GRAMIN FINANCIAL SERVICES PRIVATE LIMITED, with reduced face value effective March 12, 2026.

Summary

BSE has informed trading members that DVARA KSHETRIYA GRAMIN FINANCIAL SERVICES PRIVATE LIMITED has fixed a record date for part redemption of its Non-Convertible Debentures (NCDs) along with payment of interest. Trading in these debentures will occur at a reduced face value effective March 12, 2026.

Key Points

  • Company: DVARA KSHETRIYA GRAMIN FINANCIAL SERVICES PRIVATE LIMITED
  • Debenture Series: DKGFSPL-11%-27-12-26-PVT (ISIN: INE179P07548, Scrip Code: 976048)
  • Record Date: March 12, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 3,750 per Debenture
  • Effective Date for Reduced Face Value: March 12, 2026
  • Settlement Number: DR-838/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a corporate action under existing debt market framework requiring trading members to note the reduced face value of the debenture series post record date.

Compliance Requirements

  • Trading members must update their systems to reflect the reduced face value of Rs. 3,750 per debenture effective March 12, 2026.
  • All trades in the debenture series DKGFSPL-11%-27-12-26-PVT (Scrip Code: 976048) on or after the effective date must reference the reduced face value.
  • Members should communicate this change to their clients holding these debentures.

Important Dates

  • Record Date: March 12, 2026 — for payment of interest and part redemption
  • Effective Date for Reduced Face Value: March 12, 2026
  • Settlement: DR-838/2025-2026
  • Circular Date: March 09, 2026

Impact Assessment

This is a standard debt market corporate action impacting holders of DVARA KSHETRIYA GRAMIN FINANCIAL SERVICES PRIVATE LIMITED’s 11% NCD maturing December 27, 2026. The face value reduction to Rs. 3,750 per debenture reflects a partial principal repayment. Market impact is limited to participants in the BSE debt segment trading this specific private placement security. Accrued interest will also be paid on the record date, providing partial liquidity to debenture holders.

Impact Justification

Routine part redemption of privately placed NCDs affecting debt segment traders; reduced face value impacts pricing and settlement for holders of this specific debenture series.