Description
Trading suspended for NUVAMA WEALTH FINANCE LIMITED debentures due to redemption with record date August 8, 2025.
Summary
BSE has suspended trading in debentures of NUVAMA WEALTH FINANCE LIMITED effective August 8, 2025, due to the company setting a record date for redemption of its non-convertible debentures.
Key Points
- Trading suspension applies to NUVAMA WEALTH FINANCE LIMITED debentures (Code: NWFL-NIFTY-25-8-25-PVT, ISIN: INE918K07IT4, Scrip Code: 973960)
- Record date fixed for August 8, 2025
- Purpose is redemption of non-convertible debentures
- Trading members advised not to deal in these debentures from August 8, 2025
Regulatory Changes
No regulatory framework changes - standard procedure for debenture redemption.
Compliance Requirements
- Trading members must cease dealing in the specified debentures from August 8, 2025
- All trading members required to take note of the suspension
Important Dates
- Record Date: August 8, 2025
- Trading Suspension Effective: August 8, 2025
- Notice Date: August 5, 2025
Impact Assessment
Limited impact as suspension affects only specific debentures of one company. Debenture holders will receive redemption proceeds as per the company’s announcement. No broader market implications expected.
Impact Justification
Trading suspension affects specific debenture holders but limited to one company's debt securities