Description
BSE suspends trading in VCL debentures from August 7, 2025 due to redemption and interest payment with record date August 7, 2025.
Summary
BSE has suspended trading in Non-Convertible Debentures of VIVRITI CAPITAL LIMITED (Code: INE01HV07478, Series: 975753) effective August 7, 2025, due to the company fixing record date for redemption of debentures and payment of interest.
Key Points
- Trading suspension applies to VCL 9.90% debentures maturing August 22, 2025
- Record date fixed as August 7, 2025 for both redemption and interest payment
- Trading Members advised not to deal in these debentures from August 7, 2025
- Notice issued under reference DR-690/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard trading suspension procedure for debenture redemption.
Compliance Requirements
- Trading Members must cease dealing in the specified VCL debentures from August 7, 2025
- All pending transactions must be settled before suspension date
- Members required to take note of the suspension and inform clients accordingly
Important Dates
- August 7, 2025: Record date for redemption and interest payment
- August 7, 2025: Trading suspension effective date
- August 22, 2025: Debenture maturity date
Impact Assessment
Limited market impact as this affects only specific VCL debenture series approaching maturity. Routine corporate action with no broader market implications. Debenture holders will receive redemption proceeds and final interest payment as per terms.
Impact Justification
Trading suspension affects specific debenture holders but is routine corporate action with predetermined redemption