Description

BSE notifies trading members of the record date for part redemption and interest payment on Non-Convertible Debentures of Namra Finance Limited, with reduced face value effective from 16 March 2026.

Summary

BSE has notified trading members that Namra Finance Limited has fixed 16 March 2026 as the Record Date for the purpose of part redemption and payment of interest on its Non-Convertible Debentures (NCDs). Following the redemption, trading in the debentures will be with a reduced face value effective from the same date.

Key Points

  • Company: Namra Finance Limited
  • Debenture Series: NFL-11.40%-11-11-27-PVT
  • ISIN: INE229U07152 (BSE Code: 977292)
  • Record Date: 16 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: 16 March 2026
  • Settlement Number: DR-840/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a corporate action notice issued in accordance with standard BSE debt market procedures for part redemption events.

Compliance Requirements

  • Trading members must note that from 16 March 2026 (Settlement No. DR-840/2025-2026), trades in Namra Finance NCD (ISIN INE229U07152) will be executed at the reduced face value of Rs. 75,000 per debenture.
  • Members should update their systems to reflect the reduced face value for the applicable debenture series from the effective date.

Important Dates

  • Record Date: 16 March 2026
  • Effective Date for Reduced Face Value: 16 March 2026
  • Settlement Number: DR-840/2025-2026
  • Circular Date: 12 March 2026

Impact Assessment

This part redemption impacts holders of Namra Finance Limited’s privately placed NCDs (ISIN INE229U07152). The face value per debenture will be reduced to Rs. 75,000 following the partial principal repayment. The impact is limited to debt segment participants and existing debenture holders of this specific series. No broader market impact is anticipated.

Impact Justification

Routine part redemption of privately placed NCDs affecting a specific debenture series; relevant to holders of Namra Finance NCD (ISIN INE229U07152) but limited to debt segment participants.