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 from the same date.

Summary

Muthoot Microfin Limited has announced a record date of 16 March 2026 for the purpose of part redemption of its Non-Convertible Debentures (NCDs) and simultaneous payment of interest. Trading in the debentures will commence with a reduced face value effective from the same date under settlement DR-840/2025-2026.

Key Points

  • Company: Muthoot Microfin Limited
  • Instrument: MML-10.75%-7-7-26-PVT (ISIN: INE046W07255, BSE 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 introduced. This is a standard corporate action notification under existing BSE listing and debt segment regulations requiring members to be informed of record date and reduced face value.

Compliance Requirements

  • Trading members are required to note the record date and ensure trades in the specified debentures reflect the reduced face value of Rs. 12,500 per debenture from 16 March 2026 onwards.
  • Members must update their systems to account for the new reduced face value effective from the settlement DR-840/2025-2026.

Important Dates

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

Impact Assessment

This corporate action directly affects holders of Muthoot Microfin Limited’s 10.75% NCD (ISIN: INE046W07255) maturing 7 July 2026. Debenture holders will receive a part redemption payment along with accrued interest on the record date. Post-record date, the debentures will trade at a reduced face value of Rs. 12,500 per debenture, reflecting the partial principal repayment. The impact is limited to existing holders of this specific NCD series and is a routine scheduled corporate action.

Impact Justification

Routine part redemption and interest payment corporate action affecting a specific NCD series of Muthoot Microfin Limited; impacts existing debenture holders with a reduced face value of Rs. 12,500 per debenture effective 16 March 2026.