Description
BSE suspends trading in NUVAMA WEALTH debentures effective August 8, 2025 due to redemption with record date set for same date.
Summary
BSE has suspended trading in Non-Convertible Debentures of NUVAMA WEALTH AND INVESTMENT LIMITED (Code: NWIL-GSEC-27-8-25-PVT, ISIN: INE523L07777) effective August 8, 2025, due to the company fixing a record date for redemption of debentures.
Key Points
- Trading suspension applies to NUVAMA WEALTH debentures with ISIN INE523L07777
- Record date for redemption set for August 8, 2025
- No dealings permitted from August 8, 2025
- Notice issued under 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 exchange participants must take note of the trading suspension
Important Dates
- August 8, 2025: Record date for debenture redemption
- August 8, 2025: Trading suspension effective date
Impact Assessment
Limited impact as affects only holders of specific NUVAMA WEALTH debentures. Standard corporate action procedure with no broader market implications.
Impact Justification
Trading suspension affects specific debenture holders but limited to single security