Description
BSE notifies trading members of the record date for part redemption and interest payment on Non-Convertible Debentures of Laxmi India Finance Limited, with reduced face value effective from 13 March 2026.
Summary
BSE has informed trading members that Laxmi India Finance Limited has fixed a record date of 13 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 the same date.
Key Points
- Company: Laxmi India Finance Limited
- ISIN: INE06WU07064 (Scrip Code: 975797)
- Record Date: 13 March 2026
- Purpose: Part Redemption of Debentures and Payment of Interest
- Reduced Face Value: Rs. 41,666.67 per Debenture
- Effective Date for Reduced Face Value: 13 March 2026
- Settlement Number: DR-839/2025-2026
Regulatory Changes
No new regulatory changes. This is a standard corporate action notification under BSE’s debt market segment procedures for NCD part redemptions.
Compliance Requirements
Trading members are required to note that trading in the debentures of Laxmi India Finance Limited will be conducted with the reduced face value of Rs. 41,666.67 per debenture with effect from 13 March 2026 (Settlement No. DR-839/2025-2026).
Important Dates
- Record Date: 13 March 2026
- Effective Date for Reduced Face Value: 13 March 2026
- Circular Date: 11 March 2026
Impact Assessment
This is a routine corporate action affecting holders of Laxmi India Finance Limited NCDs (ISIN INE06WU07064). The partial redemption reduces the face value of each debenture to Rs. 41,666.67. Market impact is limited to existing debenture holders and is confined to the debt segment. Trading members should update their systems to reflect the new reduced face value from 13 March 2026.
Impact Justification
Routine part redemption and interest payment on NCDs affecting a single debt security; impact is limited to holders of Laxmi India Finance Limited debentures (ISIN INE06WU07064).