Description

BSE notifies trading members of part redemption of non-convertible debentures of Namdev Finvest Private Limited with reduced face value effective March 13, 2026.

Summary

BSE has informed trading members that Namdev Finvest Private Limited has fixed a record date for part redemption of its Non-Convertible Debentures (NCDs) along with payment of interest. Trading in the debentures will occur with a reduced face value from the effective date.

Key Points

  • Company: Namdev Finvest Private Limited
  • Instrument: NFPL-11.30%-30-09-28-PVT (ISIN: INE0IX207254, Code: 977177)
  • Record Date: March 15, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 83,333.34 per Debenture
  • Effective Date for Reduced Face Value: March 13, 2026
  • Settlement Number: DR-839/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a corporate action under existing BSE debt market framework for part redemption of privately placed debentures.

Compliance Requirements

  • Trading members must note that debentures of Namdev Finvest Private Limited will trade with reduced face value of Rs. 83,333.34 per debenture effective March 13, 2026.
  • Members should update their systems to reflect the reduced face value for settlement purposes under DR-839/2025-2026.

Important Dates

  • March 13, 2026: Effective date for trading with reduced face value; Settlement DR-839/2025-2026 begins
  • March 15, 2026: Record date for part redemption and interest payment

Impact Assessment

This circular has a limited and targeted impact, affecting only holders and traders of Namdev Finvest Private Limited’s specific NCD (ISIN: INE0IX207254). The debenture will trade at a reduced face value of Rs. 83,333.34 from March 13, 2026, reflecting the partial principal repayment. This is a routine corporate action for a privately placed debt instrument with no broader market implications.

Impact Justification

Routine part redemption of privately placed NCDs affecting existing debenture holders with reduced face value; limited to a specific debt instrument with no broad market impact.