Description
BSE suspends trading in MMFSL debentures from August 6, 2025 due to record date for redemption and interest payment.
Summary
BSE has suspended trading in non-convertible debentures of MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED effective August 6, 2025, due to the company fixing a record date for redemption and interest payment purposes.
Key Points
- Trading suspension applies to MMFSL 9% debentures maturing August 21, 2025
- ISIN: INE774D08LN1 (Code: 952610)
- Record date set for August 6, 2025
- Purpose: Redemption of debentures and payment of interest
- Trading members advised not to deal in these debentures from August 6, 2025
Regulatory Changes
No regulatory framework changes. Standard procedure for debt securities approaching maturity with corporate actions.
Compliance Requirements
- Trading members must cease dealing in the specified debentures from August 6, 2025
- Members required to take note of the suspension notice
- No new positions to be created in the suspended instrument
Important Dates
- August 6, 2025: Record date for redemption and interest payment
- August 6, 2025: Trading suspension effective date
- August 21, 2025: Debenture maturity date
Impact Assessment
Limited market impact as this affects a single debt instrument nearing maturity. Standard corporate action procedure with no broader market implications. Investors holding these debentures will receive redemption proceeds and final interest payment as per terms.
Impact Justification
Temporary trading suspension affects specific debt instrument with defined maturity date