Description
BSE suspends trading in MAS Financial Services debentures due to record date for interest payment and redemption on August 6, 2025.
Summary
BSE has suspended trading in debentures of MAS Financial Services Limited (Code: INE348L07175) effective August 6, 2025, due to the company fixing a record date for interest payment and redemption of non-convertible debentures.
Key Points
- Trading suspension applies to MAS Financial Services Limited debentures (Code: MFSL-TBILLS-SPREAD-21-8-25-PVT)
- ISIN: INE348L07175 (975405)
- No dealings permitted from August 6, 2025
- Action taken due to corporate action requirements
Regulatory Changes
No regulatory framework changes. This is a standard operational measure for corporate actions.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 6, 2025
- Trading members advised to take note of the suspension
- Compliance with corporate action procedures required
Important Dates
- Record Date: August 6, 2025
- Trading Suspension Date: August 6, 2025
- Purpose: Redemption of debentures and payment of interest
Impact Assessment
Limited impact confined to holders of MAS Financial Services debentures. Routine corporate action with no broader market implications. Suspension ensures proper settlement of interest payments and redemption processes.
Impact Justification
Routine corporate action affecting specific debenture holders with limited broader market impact