Description

Satin Finserv Limited has fixed a record date of 14 March 2026 for part redemption of non-convertible debentures and payment of interest, with trading in reduced face value effective from 13 March 2026.

Summary

Satin Finserv Limited has announced a record date of 14 March 2026 for the part redemption of its Non-Convertible Debentures (NCDs) and simultaneous payment of interest. Trading members are notified that debentures will trade with a reduced face value effective from 13 March 2026 under settlement DR-839/2025-2026.

Key Points

  • Company: Satin Finserv Limited
  • Debenture series: SFL-10.95%-29-9-27-PVT (ISIN: INE03K307074, Scrip Code: 977169)
  • Record date: 14 March 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 75,000 per debenture
  • Effective date for reduced face value trading: 13 March 2026
  • Settlement number: DR-839/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification in accordance with BSE debt market operational procedures.

Compliance Requirements

  • Trading members must note that the debentures will trade with a reduced face value of Rs. 75,000 per debenture from 13 March 2026 onwards.
  • Members should update their systems to reflect the reduced face value effective the stated date and settlement number.

Important Dates

  • Record Date: 14 March 2026 (for part redemption and interest payment)
  • Effective Date for Reduced Face Value Trading: 13 March 2026
  • Settlement Reference: DR-839/2025-2026
  • Circular Date: 11 March 2026

Impact Assessment

This corporate action directly affects holders and traders of Satin Finserv’s NCD series SFL-10.95%-29-9-27-PVT. The reduced face value of Rs. 75,000 per debenture will apply from 13 March 2026, altering the traded value of the instrument. Impact is limited to participants in this specific debenture series and is a routine debt market event with no broader systemic implications.

Impact Justification

Routine part redemption and interest payment event for a specific NCD series affecting holders of Satin Finserv debentures; reduced face value impacts trading from 13 March 2026.