976577 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/976577/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usFri, 24 Apr 2026 00:00:00 +0000Part Redemption of Non-Convertible Debentures of Eight Companieshttps://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-24-9d6a3f590669ed06-part-redemption-of-debentures-of-companies/Fri, 24 Apr 2026 16:14:05 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-24-9d6a3f590669ed06-part-redemption-of-debentures-of-companies/BSE notifies trading members that eight companies have fixed record dates for part redemption of non-convertible debentures, with trading to continue at reduced face values from the respective ex-dates.bselistingmediummediummedium9d6a3f590669ed06https://www.bseindia.com/downloads/UploadDocs/Notices/20260424-39/20260424-39.pdf975666977052976577976426976213976661977280977441debenturesncdpart-redemptioncorporate-actionsdebt-segmentrecord-dateface-value-reductionlisting-operationsSummary

BSE has notified trading members that eight companies have fixed record dates for part redemption of their Non-Convertible Debentures (NCDs). Trading in the debentures of these companies will continue with reduced face values effective from the respective ex-dates listed below.

Key Points

  • Eight companies have fixed record dates for payment of interest and/or part redemption of NCDs under the Debt segment.
  • All debentures involved are privately placed (PVT) instruments.
  • Trading members must note that debenture trading will occur at reduced face values from the ex-date onwards.
  • Settlement references are under the 624/2026-2027 and 628–631/2026-2027 series.
  • Signed by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations.

Regulatory Changes

No new regulatory changes are introduced. This notice is a standard operational communication under BSE’s listing compliance framework for debt instruments undergoing part redemption.

Compliance Requirements

  • Trading members must update their systems to reflect the reduced face values for the affected debenture scrips from the respective ex-dates.
  • Members must ensure debenture trading for the listed ISINs transitions to the reduced face values as specified.

Important Dates

Scrip Code Company ISIN Record Date Ex Date Reduced Face Value
975666 Niwas Housing Finance Limited INE01AI07033 06/05/2026 06/05/2026 Rs. 40,000/- per debenture
977052 Akara Capital Advisors Private Limited INE08XP07332 06/05/2026 06/05/2026 Rs. 25,000.30/- per debenture
976577 OXYZO Financial Services Limited INE04VS07388 12/05/2026 12/05/2026 Rs. 47,619/- per debenture
976426 Mizuho Capsave Finance Private Limited INE0DBJ07200 14/05/2026 14/05/2026 Rs. 58,330/- per debenture
976213 Muthoot Capital Services Ltd. INE296G07226 17/05/2026 15/05/2026 Rs. 25,000/- per debenture
976661 Varthana Finance Private Limited INE125T07261 16/05/2026 15/05/2026 Rs. 25,021/- per debenture
977280 Muthoot Microfin Limited INE046W07305 16/05/2026 15/05/2026 Rs. 75,000/- per debenture
977441 Greaves Finance Limited INE1QWF07022 15/05/2026 15/05/2026 Rs. 45,833.29/- per debenture

Impact Assessment

This notice has a moderate operational impact on trading members active in BSE’s debt segment. Holders of these privately placed NCDs will see the face value of their instruments reduced as part of the scheduled part redemption, returning a portion of principal. Trading members must ensure their systems reflect the updated face values from the respective ex-dates to avoid pricing or settlement errors. No equity market impact is expected.

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