Description
BSE suspends trading in IKF Finance Limited debentures from August 4, 2025 due to record date for interest payment and redemption.
Summary
BSE has suspended trading in debentures of IKF Finance Limited effective August 4, 2025, due to the company fixing a record date for interest payment and redemption of its non-convertible debentures.
Key Points
- Trading suspension applies to IKF Finance Limited debentures (Code: IKFFL-9.75%-11-8-25-PVT)
- ISIN: INE859C07154 (975026)
- Suspension effective from August 4, 2025
- Record date set for August 4, 2025
- Purpose: Redemption of debentures and payment of interest
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members advised not to deal in the specified debentures from August 4, 2025
- Trading members must take note of the suspension
Important Dates
- August 4, 2025: Record date for interest payment and redemption
- August 4, 2025: Trading suspension begins
Impact Assessment
Limited impact as this affects only one company’s debt securities. Routine corporate action requiring temporary trading halt to facilitate interest payment and debenture redemption process.
Impact Justification
Routine trading suspension for corporate action affecting single company's debt securities