Description
Namdev Finvest Private Limited has fixed a record date of 15 March 2026 for part redemption of non-convertible debentures and payment of interest, with trading in reduced face value effective 13 March 2026.
Summary
Namdev Finvest Private Limited has announced a record date for part redemption of its Non-Convertible Debentures (NCDs) along with payment of interest. Trading members are informed that trading in the debentures will occur at a reduced face value from 13 March 2026 onwards.
Key Points
- Company: Namdev Finvest Private Limited
- Debenture: NFPL-11.30%-30-09-28-PVT (ISIN: INE0IX207254, BSE Code: 977177)
- Record Date: 15 March 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: 13 March 2026
- Settlement: DR-839/2025-2026
Regulatory Changes
No new regulatory changes. This is a standard corporate action notice under BSE’s debt segment listing compliance framework.
Compliance Requirements
- Trading members must note the reduced face value applicable from 13 March 2026.
- Trades in the debentures from 13 March 2026 (Settlement DR-839/2025-2026) must reflect the reduced face value of Rs. 83,333.34 per debenture.
Important Dates
- 13 March 2026: Effective date for trading in debentures at reduced face value (Settlement DR-839/2025-2026)
- 15 March 2026: Record date for part redemption and interest payment
Impact Assessment
This circular has limited market impact as it pertains to a single privately placed NCD of Namdev Finvest Private Limited. Existing debenture holders will receive a partial principal repayment along with interest on the record date. Trading members dealing in this instrument must update their systems to reflect the new reduced face value of Rs. 83,333.34 per debenture effective 13 March 2026.
Impact Justification
Routine part redemption of privately placed NCDs affecting a single private limited company's debenture holders; limited broader market impact.