Description
BSE suspends trading in two series of UGRO CAPITAL LIMITED debentures from August 12, 2025 due to record date for interest payment and redemption.
Summary
BSE has suspended trading in two series of Non-Convertible Debentures (NCDs) of UGRO CAPITAL LIMITED effective August 12, 2025. The suspension is due to the company fixing August 12, 2025 as the record date for interest payment and redemption of these debentures.
Key Points
- Trading suspension applies to two specific NCD series of UGRO CAPITAL LIMITED
- UCL-10.25%-27-8-25-NCD (ISIN: INE583D07414, Code: 939282)
- UCL-10.75%-27-8-25-NCD (ISIN: INE583D07430, Code: 939284)
- Both debentures have the same record date and suspension date
- Trading members advised not to deal in these securities from the suspension date
Regulatory Changes
No new regulatory changes introduced. Standard procedure for trading suspension due to corporate actions.
Compliance Requirements
- Trading members must cease dealing in the specified debentures from August 12, 2025
- Members required to take note of the suspension and communicate to relevant parties
- Compliance with corporate action procedures for debt securities
Important Dates
- Record Date: August 12, 2025
- Trading Suspension Date: August 12, 2025
- Notice Date: August 7, 2025
Impact Assessment
Medium impact on holders of these specific UGRO CAPITAL debentures. The suspension is temporary and relates to scheduled corporate actions (interest payment and redemption). Trading will likely resume after the corporate action is completed. Impact is limited to debt segment and specific to UGRO CAPITAL securities.
Impact Justification
Trading suspension affects specific debt securities with defined timeline and clear corporate action purpose