Description
BSE suspends trading in NUVAMA WEALTH AND INVESTMENT LIMITED 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’s debenture redemption process with the same date set as record date.
Key Points
- Trading suspension applies to NUVAMA WEALTH AND INVESTMENT LIMITED debentures (Code: NWIL-GSEC-27-8-25-PVT, ISIN: INE523L07777, BSE Code: 974090)
- Record date for redemption: August 8, 2025
- No dealings allowed from August 8, 2025
- Notice issued under DR-691/2025-2026
Regulatory Changes
No new regulatory framework changes. This is a standard corporate action procedure for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 8, 2025
- All market participants must comply with the trading suspension
- Debenture holders should note the record date for redemption eligibility
Important Dates
- August 8, 2025: Record date for debenture redemption
- August 8, 2025: Trading suspension effective date
- August 5, 2025: Notice date
Impact Assessment
Limited market impact as this affects only specific debentures of one company. Debenture holders will receive redemption proceeds as per terms. No broader market implications expected beyond normal corporate action processing.
Impact Justification
Trading suspension affects specific debenture holders but limited to single company redemption