Description
BSE suspends trading in SSFL debentures from July 29, 2025 due to redemption and interest payment with record date set for the same day.
Summary
BSE has suspended trading in the 10.75% Non-Convertible Debentures of SPANDANA SPHOORTY FINANCIAL LIMITED (ISIN: INE572J07661) effective July 29, 2025. The suspension is due to the company setting July 29, 2025 as the record date for both redemption of debentures and payment of interest.
Key Points
- Company: SPANDANA SPHOORTY FINANCIAL LIMITED
- Debenture Code: SSFL-10.75%-13-8-25-PVT
- ISIN: INE572J07661 (BSE Code: 975380)
- Record Date: July 29, 2025
- No dealings permitted from: July 29, 2025
- Purpose: Redemption of Debentures and Payment of Interest
Regulatory Changes
No new regulatory framework changes introduced. This is a standard trading suspension notice in accordance with existing corporate action procedures.
Compliance Requirements
- Trading members must not deal in the specified debentures from July 29, 2025
- All market participants must take note of the trading suspension
- Compliance with record date requirements for debenture holders
Important Dates
- July 25, 2025: Notice issued by BSE
- July 29, 2025: Record date for redemption and interest payment
- July 29, 2025: Trading suspension becomes effective
Impact Assessment
The trading suspension affects holders of SPANDANA SPHOORTY FINANCIAL LIMITED’s 10.75% debentures. This is a routine corporate action with limited broader market impact, affecting primarily debt market participants and existing debenture holders. The suspension facilitates orderly redemption and interest payment processes while preventing trading conflicts around the record date.
Impact Justification
Trading suspension affects specific debenture holders and debt market participants but is routine corporate action with limited broader market impact