Description
BSE suspends trading in NUVAMA WEALTH debentures from August 8, 2025 due to redemption with record date set for the same day.
Summary
BSE has suspended trading in Non-Convertible Debentures of NUVAMA WEALTH AND INVESTMENT LIMITED effective August 8, 2025, due to the company fixing a record date for redemption purposes.
Key Points
- Trading suspension applies to debentures with ISIN INE523L07777 (Code: 974090)
- Record date for redemption: August 8, 2025
- No dealings permitted from August 8, 2025
- Debenture series: NWIL-GSEC-27-8-25-PVT
- Notice reference: DR-691/2025-2026
Regulatory Changes
No regulatory framework changes - standard procedure for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 8, 2025
- All market participants to note the trading suspension
- Compliance with redemption process requirements
Important Dates
- August 8, 2025: Record date for redemption
- August 8, 2025: Trading suspension effective date
- August 5, 2025: Notice date
Impact Assessment
Limited impact as suspension affects only one specific debenture series. Holders of the debentures will receive redemption proceeds as per the company’s redemption terms. No broader market implications expected.
Impact Justification
Trading suspension affects specific debenture holders but limited to one security