Description
BSE notifies trading members that 8 companies have fixed record dates for part redemption of non-convertible debentures/bonds, with trading to occur at reduced face values from the respective ex-dates.
Summary
BSE Notice No. 20260416-14 dated April 16, 2026 informs trading members that eight companies have fixed record dates for part redemption of their Non-Convertible Debentures (NCDs) and Bonds. Trading in these debentures/bonds will occur at a reduced face value effective from the respective ex-dates listed below.
Key Points
- Eight companies across the debt segment have announced part redemption of NCDs/bonds
- Trading members must note that debenture/bond trading will reflect reduced face values from the ex-date onwards
- Record dates range from April 27, 2026 to May 9, 2026
- All settlements fall under the 2026-2027 settlement cycle
- Signed by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification under existing BSE listing compliance procedures for part redemption of debt instruments.
Compliance Requirements
- Trading members are required to note the reduced face values for each debenture/bond from the respective ex-dates
- Members must update their systems to reflect the reduced face values for the affected scrip codes when trading resumes post ex-date
- Settlement obligations must align with the revised face values as per the listed settlement numbers
Important Dates
| Scrip Code | Company | ISIN | Record Date | Ex Date | Reduced Face Value |
|---|---|---|---|---|---|
| 977452 | Purple Finance Limited | INE0CYK07012 | 27 Apr 2026 | 27 Apr 2026 | Rs. 8,333.34 per debenture |
| 976522 | Berar Finance Limited | INE998Y07170 | 30 Apr 2026 | 30 Apr 2026 | Rs. 75,000/- per debenture |
| 977126 | Akara Capital Advisors Pvt Ltd | INE08XP07357 | 01 May 2026 | 30 Apr 2026 | Rs. 72,724/- per debenture |
| 977127 | Akara Capital Advisors Pvt Ltd | INE08XP07365 | 01 May 2026 | 30 Apr 2026 | Rs. 72,724/- per debenture |
| 976927 | Annapurna Finance Private Limited | INE515Q07640 | 07 May 2026 | 07 May 2026 | Rs. 58,333.30 per debenture |
| 976532 | Vivriti Capital Limited | INE01HV07544 | 09 May 2026 | 08 May 2026 | Rs. 80,008/- per debenture |
| 976718 | Aptus Value Housing Finance India Ltd | INE852O07170 | 08 May 2026 | 08 May 2026 | Rs. 80,000/- per debenture |
| 977574 | Laxmi India Finance Limited | INE06WU07072 | 09 May 2026 | 08 May 2026 | Rs. 9,166.67/- per debenture |
Impact Assessment
This circular has a moderate operational impact on trading members dealing in the debt segment. Eight NCDs across sectors including housing finance, NBFCs, and capital advisory firms will trade at reduced face values following their respective ex-dates. Members holding or trading these instruments must adjust valuations and settlement obligations accordingly. The staggered ex-dates (April 27 through May 9, 2026) require sequential system updates. No equity market impact is expected as all instruments are debt segment NCDs.
Impact Justification
Routine corporate action notice affecting debt segment instruments of 8 companies; operationally significant for trading members holding or trading these NCDs as face values will be reduced post ex-date.