Description
BSE suspends trading in KFL debentures effective August 5, 2025 due to scheduled redemption with record date set for the same date.
Summary
BSE has issued a notice suspending trading in debentures of KOSAMATTAM FINANCE LIMITED effective August 5, 2025. The suspension is due to the company setting a record date for redemption of its Non-Convertible Debentures.
Key Points
- Trading suspension applies to KFL-ZC-22-8-25-NCD (ISIN: INE403Q07912, Code: 936168)
- Record date for redemption: August 5, 2025
- No dealings permitted from August 5, 2025 onwards
- Notice issued under reference DR-688/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard procedural suspension for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 5, 2025
- All market participants must note the trading restriction
- Compliance with redemption procedures as per company’s decision
Important Dates
- Record Date: August 5, 2025
- Trading Suspension Date: August 5, 2025
- Notice Date: July 29, 2025
Impact Assessment
Minimal market impact as this affects only one company’s debt securities. Standard procedure for debenture redemption with temporary trading suspension to facilitate the redemption process. No broader market implications expected.
Impact Justification
Routine debenture redemption affecting single company's debt securities