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 Non-Convertible Debentures of IKF Finance Limited effective August 4, 2025, due to the company fixing a record date for interest payment and redemption purposes.
Key Points
- Trading suspension applies to IKF Finance Limited debentures (Code: INE859C07154, Series: 975026)
- Debenture carries 9.75% interest rate with maturity on August 11, 2025
- Record date set for August 4, 2025
- Trading Members advised not to deal in these debentures from the record date
Regulatory Changes
No regulatory framework changes - standard procedure for debenture record date compliance.
Compliance Requirements
- Trading Members must cease all dealings in specified IKF Finance Limited debentures from August 4, 2025
- Members required to take note of the suspension and comply with no-dealing directive
Important Dates
- Record Date: August 4, 2025
- No Dealings From: August 4, 2025
- Debenture Maturity: August 11, 2025
- Notice Date: July 29, 2025
Impact Assessment
Minimal market impact as this affects only one specific debenture series of IKF Finance Limited. Standard corporate action procedure with temporary trading suspension to facilitate interest payment and redemption process. Short-term suspension given proximity to maturity date.
Impact Justification
Limited to single company debenture trading suspension with clear end date