Description
BSE suspends trading in NEOGROWTH CREDIT PRIVATE LIMITED debentures due to redemption with record date August 2, 2025.
Summary
BSE has suspended trading in Non-Convertible Debentures of NEOGROWTH CREDIT PRIVATE LIMITED (Code: NCPL-11.60%-17-8-25-PVT, ISIN: INE814O07501) effective August 1, 2025, due to upcoming redemption with record date set for August 2, 2025.
Key Points
- Trading suspension applies to NEOGROWTH CREDIT PRIVATE LIMITED debentures
- ISIN: INE814O07501 (BSE Code: 975665)
- No dealings permitted from August 1, 2025
- Record date for redemption: August 2, 2025
- Trading members advised not to deal in these debentures
Regulatory Changes
No regulatory framework changes - standard procedure for debenture redemption.
Compliance Requirements
- Trading members must cease all dealings in the specified debentures from August 1, 2025
- Trading members required to take note of the suspension
- No new positions or transactions permitted in the affected securities
Important Dates
- August 1, 2025: Trading suspension effective date (no dealings from this date)
- August 2, 2025: Record date for debenture redemption
- July 28, 2025: Notice publication date
Impact Assessment
Limited market impact as suspension affects only one company’s debt instrument. Debenture holders unable to trade these securities from August 1st until completion of redemption process. Standard corporate action with minimal broader market implications.
Impact Justification
Trading suspension affects specific debenture holders but limited to one company's debt instrument