INE523H07CB9 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/tags/ine523h07cb9/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usFri, 15 May 2026 00:00:00 +0000Part Redemption and Resumption of Trading in JM Financial Products Ltd Debentures (Scrip Code 975200)https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-15-d8f451579f9fe312-part-redemption-and-resumption-of-trading-in-debentures-of-jm-financial-products/Fri, 15 May 2026 10:07:25 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-15-d8f451579f9fe312-part-redemption-and-resumption-of-trading-in-debentures-of-jm-financial-products/BSE notifies part redemption of JM Financial Products Ltd debentures (ISIN: INE523H07CB9) with reduced face value of Rs. 66,666.67 per debenture, effective May 18, 2026.bselistingmediummediummediumd8f451579f9fe312https://www.bseindia.com/downloads/UploadDocs/Notices/20260515-6/20260515-6.pdfJMFPLdebenturespart-redemptionjm-financial-productsdebt-marketcorporate-actionsface-value-reductiontrading-resumption975200INE523H07CB9Summary

BSE has issued this notice in continuation of Exchange Notice No. 20260511-39 dated May 11, 2026, regarding the part redemption of debentures of JM Financial Products Ltd (Scrip Code: 975200). The company has now communicated the reduced face value post partial redemption, and trading in the debentures will resume with the updated face value effective May 18, 2026.

Key Points

  • Scrip Code: 975200 | ISIN: INE523H07CB9
  • Debenture series: JMFPL-8.92%-16-11-26-PVT
  • Purpose: Part Redemption of Debentures
  • Reduced Face Value post redemption: Rs. 66,666.67 per debenture
  • Reference DR number: DR-632/2026-2027
  • This notice follows Exchange Notice No. 20260511-39 dated May 11, 2026

Regulatory Changes

The face value of the debentures has been reduced from the original face value to Rs. 66,666.67 per debenture following the partial redemption. Trading members must update their systems to reflect the new reduced face value for all transactions in this scrip.

Compliance Requirements

  • Trading members are required to note the revised reduced face value of Rs. 66,666.67 per debenture for Scrip Code 975200
  • All trades in JMFPL-8.92%-16-11-26-PVT debentures must be executed at the reduced face value from the effective date
  • Members should update internal systems and inform clients holding these debentures of the face value change

Important Dates

  • Notice Date: May 15, 2026
  • Effective Date for Trading with Reduced Face Value: May 18, 2026
  • Prior Notice Reference: Exchange Notice No. 20260511-39 dated May 11, 2026
  • Debenture Maturity: November 16, 2026 (as indicated in the debenture name JMFPL-8.92%-16-11-26-PVT)

Impact Assessment

This partial redemption reduces the outstanding face value of the JM Financial Products Ltd 8.92% private placement debentures to Rs. 66,666.67 per unit. The impact is limited to existing holders of Scrip Code 975200 and trading members active in the BSE debt segment. Debenture holders will have received partial principal repayment, and future coupon payments will be calculated on the reduced face value. The debentures remain available for trading in the secondary market at the new reduced face value from May 18, 2026.

]]>