Description
BSE suspends trading in NUVAMA WEALTH FINANCE LIMITED debentures effective August 8, 2025 due to redemption record date.
Summary
BSE has suspended trading in Non-Convertible Debentures of NUVAMA WEALTH FINANCE LIMITED (Code: NWFL-NIFTY-25-8-25-PVT, ISIN: INE918K07IT4) effective August 8, 2025. The suspension is due to the company fixing August 8, 2025 as the record date for redemption of these debentures.
Key Points
- Company: NUVAMA WEALTH FINANCE LIMITED
- Debenture Code: NWFL-NIFTY-25-8-25-PVT
- ISIN: INE918K07IT4 (973960)
- Record Date: August 8, 2025
- Trading suspension effective from: August 8, 2025
- Purpose: Redemption of Non-Convertible Debentures
Regulatory Changes
No new regulatory framework changes. Standard procedure for debenture redemption as per existing regulations.
Compliance Requirements
- Trading members advised not to deal in the specified debentures from August 8, 2025
- Trading members must take note of the suspension and inform clients accordingly
- No dealings permitted in the affected debenture security
Important Dates
- August 8, 2025: Record date for debenture redemption
- August 8, 2025: Trading suspension becomes effective
- August 5, 2025: Notice issued by BSE
Impact Assessment
Limited impact as it affects only one specific debenture issue of NUVAMA WEALTH FINANCE LIMITED. Debenture holders as of the record date will be eligible for redemption. No impact on equity trading or other securities of the company. Standard corporate action with temporary trading restriction.
Impact Justification
Trading suspension affects specific debenture holders but limited to single security redemption