BELSTAR Microfinance Announces Partial Debenture Redemption, Interest Payout Scheduled

Mumbai: BELSTAR Microfinance Limited has declared a Record Date of April 25, 2025, for the part redemption of its non-convertible debentures (NCDs) and payment of interest. As a result, trading in the debentures, identified under code BML-10%-01-08-25-PVT (INE443L08156), will reflect a reduced face value of Rs. 12,500 per debenture from the same date. This is in accordance with settlement number DR-617/2025-2026.

Investors are advised to take note of the adjusted trading terms, as the reduction in face value indicates a return of capital to debenture holders. BELSTAR’s move underlines its commitment to structured debt repayments, ensuring periodic interest disbursement and partial principal redemption, aligning with its bond covenants.

The Bombay Stock Exchange (BSE) has alerted trading members to adjust their systems accordingly to accommodate the new valuation. Such corporate actions are critical for maintaining transparency and fulfilling contractual obligations with investors, especially within the debt market segment.

This action also reflects BELSTAR’s financial health and stability, emphasizing timely servicing of its debt instruments.