Description
BSE announces revised trading terms for Infinity Fincorp Solutions debt securities, changing from unsecured to secured NCDs with new ISIN effective August 7, 2025.
Summary
BSE has issued an update regarding debt securities of Infinity Fincorp Solutions Pvt Ltd, announcing revised trading terms effective August 7, 2025. The securities will change from unsecured to secured Non-Convertible Debentures (NCDs) with a new ISIN.
Key Points
- Scrip Code 976594 will continue trading with revised terms
- Security mode changes from Unsecured NCDs to Secured NCDs
- New ISIN INE00VD07024 replaces existing ISIN INE00VD08022
- Changes effective from Thursday, August 7, 2025
- This is a continuation of earlier notice 20250624-44 dated June 24, 2025
Regulatory Changes
- Security Classification: Transition from unsecured to secured Non-Convertible Debentures
- ISIN Update: Change from INE00VD08022 to INE00VD07024
- Enhanced security backing for debt instruments
Compliance Requirements
- Trading Members must note the revised terms for Scrip Code 976594
- Update systems to reflect new ISIN INE00VD07024
- Contact BSE officials for any clarifications needed
Important Dates
- Effective Date: Thursday, August 7, 2025
- Notice Date: August 6, 2025
- Reference Notice: 20250624-44 dated June 24, 2025
Impact Assessment
The change from unsecured to secured NCDs represents an improvement in security backing for investors. Trading Members need to update their systems to reflect the new ISIN and revised security terms. The continuity of the same scrip code ensures minimal disruption to trading operations.
Impact Justification
Material change in security terms from unsecured to secured NCDs affecting trading parameters