Description
BSE suspends trading in KFL debentures from August 5, 2025 due to redemption with record date set for the same day.
Summary
BSE has suspended trading in Non-Convertible Debentures of KOSAMATTAM FINANCE LIMITED (KFL-ZC-22-8-25-NCD, ISIN: INE403Q07912) effective August 5, 2025, due to the company’s debenture redemption process.
Key Points
- Trading suspension applies to KFL debentures with code 936168
- Record date for redemption set as 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 - standard procedure for debenture redemption process.
Compliance Requirements
- Trading members must not deal in the specified KFL debentures from August 5, 2025
- All market participants must note the trading restriction
- Compliance with corporate action procedures required
Important Dates
- Record Date: August 5, 2025
- Trading Suspension Date: August 5, 2025
- Notice Date: July 29, 2025
Impact Assessment
Limited impact as suspension affects only specific debentures of one company. Debenture holders will receive redemption proceeds as per company’s redemption schedule. No broader market implications expected.
Impact Justification
Trading suspension affects specific debenture holders but limited to single company's debt securities