Description

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

Summary

BSE has informed trading members that Kanakadurga Finance Limited has fixed a record date of 16 March 2026 for the payment of interest and part redemption of its Non-Convertible Debentures. Trading in these debentures will occur with a reduced face value effective from the same date.

Key Points

  • Company: Kanakadurga Finance Limited
  • Debenture Series: KDFL-13%-31-1-27-PVT (ISIN: INE104W07195, BSE Code: 976402)
  • Record Date: 16 March 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 41,667/- per Debenture
  • Effective Date for Reduced Face Value: 16 March 2026
  • Settlement Number: DR-840/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard corporate action notification under BSE’s debt market segment procedures for part redemption of listed NCDs.

Compliance Requirements

  • Trading members must note the reduced face value of Rs. 41,667/- per debenture applicable from 16 March 2026.
  • All trades in KDFL-13%-31-1-27-PVT (ISIN: INE104W07195) on and after the effective date must reflect the reduced face value.

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 is a routine partial redemption event for a privately placed NCD series. Holders of KDFL-13%-31-1-27-PVT will receive a partial repayment of principal along with interest on the record date. The face value per debenture will be reduced to Rs. 41,667/- post-redemption, affecting the valuation and trading price of the remaining debenture. Impact is limited to existing debenture holders and is a standard debt lifecycle event.

Impact Justification

Routine part redemption and interest payment for a privately placed NCD; impacts holders of this specific debenture series with reduced face value effective 16 March 2026.