Description

Lendingkart Finance Limited has fixed March 16, 2026 as the record date for part redemption and interest payment on two series of Non-Convertible Debentures, with reduced face values effective the same date.

Summary

Lendingkart Finance Limited has announced a record date of March 16, 2026 for part redemption of Non-Convertible Debentures along with payment of interest on two NCD series. Trading in these debentures will occur at a reduced face value effective from the same date under settlement DR-840/2025-2026.

Key Points

  • Two NCD series of Lendingkart Finance Limited are subject to part redemption on March 16, 2026
  • Series 1 (LFL-13.25%-15-9-26-PVT, ISIN INE090W07709, Code 976113): Reduced face value of Rs. 33,600 per debenture
  • Series 2 (LFL-13.25%-31-12-26-PVT, ISIN INE090W07725, Code 976450): Reduced face value of Rs. 50,200 per debenture
  • Both series carry a coupon rate of 13.25%
  • Settlement number applicable: DR-840/2025-2026

Regulatory Changes

No new regulatory changes. This is a corporate action notice under existing BSE debt market segment guidelines for part redemption of privately placed NCDs.

Compliance Requirements

  • Trading members must note that trading in both NCD series will be conducted at the reduced face values effective March 16, 2026
  • Members dealing in these debentures should update their records to reflect the reduced face value from the effective date

Important Dates

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

Impact Assessment

This part redemption affects holders of two Lendingkart Finance NCD series traded on BSE’s debt segment. The reduced face values (Rs. 33,600 for Series 1 and Rs. 50,200 for Series 2) indicate partial principal repayment alongside interest payment. Impact is limited to trading members and investors holding these specific privately placed debentures. No broader market impact is expected.

Impact Justification

Routine part redemption event affecting two specific NCD series of Lendingkart Finance Limited; impacts debenture holders and trading members dealing in these instruments with reduced face value effective from record date.