Description

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

Summary

BSE has notified trading members that Satin Finserv Limited has fixed a record date of 14 March 2026 for the purpose of payment of interest and part redemption of its Non-Convertible Debentures (NCDs). Trading in these debentures will take place with a reduced face value effective from 13 March 2026 under Settlement No. 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 notice under BSE Debt Market Segment guidelines for part redemption of listed NCDs.

Compliance Requirements

  • Trading members must note that from 13 March 2026, trading in the debentures of Satin Finserv Limited (ISIN: INE03K307074) will be conducted at the reduced face value of Rs. 75,000 per debenture.
  • Members should update their systems and communicate to clients accordingly.

Important Dates

  • 13 March 2026: Effective date for trading with reduced face value (Settlement DR-839/2025-2026)
  • 14 March 2026: Record Date for part redemption and interest payment

Impact Assessment

This corporate action affects holders of Satin Finserv Limited NCDs (SFL-10.95%-29-9-27-PVT). The face value per debenture will be reduced to Rs. 75,000 following the part redemption. Debenture holders on record as of 14 March 2026 will be eligible for the interest payment and redemption proceeds. Market impact is limited to existing NCD investors in the debt segment; no impact on equity markets.

Impact Justification

Routine part redemption of NCDs affecting existing debenture holders of Satin Finserv Limited; reduces face value per debenture by Rs.75,000 with a defined record and effective date.