Description
BSE suspends trading in L&T Finance Limited debentures from August 11, 2025 due to record date for interest payment and redemption.
Summary
BSE has announced the suspension of trading in debentures of L&T Finance Limited effective August 11, 2025. The suspension is due to the company fixing a record date for interest payment and redemption of its non-convertible debentures.
Key Points
- Trading suspension applies to L&T Finance Limited debentures (ISIN: INE691I08404, Code: 952661)
- Suspension effective from August 11, 2025
- Purpose: Record date for redemption of debentures and payment of interest
- Trading members advised not to deal in the specified debentures
- Notice issued under DR-692/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard operational measure for corporate action processing.
Compliance Requirements
- Trading members must not deal in the specified L&T Finance Limited debentures from August 11, 2025
- All exchange participants must take note of the suspension
- Normal trading rules apply to other securities of the company
Important Dates
- Record Date: August 11, 2025
- Trading Suspension Date: August 11, 2025
- Notice Date: August 7, 2025
Impact Assessment
Limited impact as suspension affects only specific debenture series of L&T Finance Limited. Temporary measure to facilitate proper settlement of corporate action. Other securities of the company remain unaffected. Standard procedure for debt securities undergoing interest payment and redemption.
Impact Justification
Temporary trading suspension affects specific debt securities but limited to single issuer