Description
BSE suspends trading in two non-convertible debentures of UGRO CAPITAL LIMITED due to record date for interest payment and redemption.
Summary
BSE has suspended trading in two non-convertible debentures of UGRO CAPITAL LIMITED effective August 12, 2025, due to the company fixing a record date for interest payment and redemption purposes.
Key Points
- Trading suspension applies to two specific debentures: UCL-10.25%-27-8-25-NCD and UCL-10.75%-27-8-25-NCD
- Record date set for August 12, 2025
- Purpose includes both redemption of debentures and payment of interest
- Trading members advised not to deal in these securities from August 12, 2025
Regulatory Changes
No regulatory changes - standard procedure for corporate actions involving debt securities.
Compliance Requirements
- Trading members must not deal in the specified debentures from the record date
- Trading members required to take note of the suspension
Important Dates
- Record Date: August 12, 2025
- No Dealings From: August 12, 2025
- Notice Date: August 7, 2025
Impact Assessment
Limited impact as suspension affects only two specific debenture instruments of UGRO CAPITAL LIMITED. Standard corporate action procedure with temporary trading halt to facilitate interest payment and redemption processes.
Impact Justification
Trading suspension affects specific debt instruments but limited to UGRO CAPITAL debentures only