Description

Muthoot Microfin Limited has fixed a record date of 16 March 2026 for part redemption of non-convertible debentures and payment of interest, with trading in reduced face value effective the same date.

Summary

Muthoot Microfin Limited (INE046W07255, BSE Code: 974966) has announced a record date of 16 March 2026 for the part redemption of its Non-Convertible Debentures (series: MML-10.75%-7-7-26-PVT) along with payment of interest. Trading in these debentures will be conducted at a reduced face value from the effective date.

Key Points

  • Company: Muthoot Microfin Limited
  • Debenture Series: MML-10.75%-7-7-26-PVT (ISIN: INE046W07255, Code: 974966)
  • Record Date: 16 March 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 12,500 per debenture
  • Effective Date for Reduced Face Value Trading: 16 March 2026
  • Settlement Number: DR-840/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard corporate action notification under BSE listing compliance requirements.

Compliance Requirements

  • Trading members are required to note that trading in the specified debentures will be conducted at the reduced face value of Rs. 12,500 per debenture effective 16 March 2026.
  • Members must update their systems to reflect the reduced face value from the effective date and settlement number DR-840/2025-2026.

Important Dates

  • Record Date: 16 March 2026
  • Effective Date for Reduced Face Value Trading: 16 March 2026
  • Circular Date: 12 March 2026

Impact Assessment

This is a routine part redemption event for a privately placed NCD series of Muthoot Microfin Limited. The impact is limited to holders of this specific debenture series. Trading members on BSE’s debt segment must ensure their systems reflect the reduced face value of Rs. 12,500 per debenture from 16 March 2026. No broader market impact is anticipated.

Impact Justification

Routine part redemption of privately placed NCDs affecting a single debenture series; limited market impact as it is a standard debt lifecycle event.