Description
BSE notifies trading members of part redemption and interest payment for Ambit Finvest Private Limited's Non-Convertible Debentures, with reduced face value effective from March 16, 2026.
Summary
BSE has notified trading members that Ambit Finvest Private Limited has fixed a record date for the payment of interest and part redemption of its Non-Convertible Debentures (NCDs). Trading in these debentures will occur with a reduced face value effective March 16, 2026.
Key Points
- Ambit Finvest Private Limited has fixed March 16, 2026 as the record date for part redemption and interest payment.
- The debenture series affected: AFPL-9.15%-RESET RATE-30-9-27 (ISIN: INE985V07082, Code: 976068).
- The reduced face value post-redemption will be Rs. 49,999.96 per debenture.
- Settlement reference: DR-840/2025-2026.
- Trading in these debentures will be with reduced face value effective from March 16, 2026.
Regulatory Changes
No new regulatory changes. This is a standard corporate action notification under BSE’s debt market segment procedures.
Compliance Requirements
- Trading members must note the reduced face value of Rs. 49,999.96 per debenture effective from the settlement DR-840/2025-2026.
- All trades in the affected debenture series from March 16, 2026 onwards must reflect the reduced face value.
Important Dates
- Record Date: March 16, 2026
- Effective Date for Reduced Face Value: March 16, 2026
- Settlement Number: DR-840/2025-2026
- Circular Date: March 12, 2026
Impact Assessment
This is a routine corporate action with limited market impact, affecting only holders of the AFPL-9.15%-RESET RATE-30-9-27 NCD series. The reduced face value of Rs. 49,999.96 per debenture (down from Rs. 50,000) reflects a partial principal repayment. Impact is confined to existing debenture holders and relevant trading members dealing in this specific debt instrument.
Impact Justification
Routine part redemption of a single NCD series affecting a private limited company's debenture holders; limited market-wide impact.