Description
BSE suspends trading in two series of debentures of Provident Meryta Private Limited from August 12, 2025 due to redemption record date.
Summary
BSE has suspended trading in two series of non-convertible debentures of Provident Meryta Private Limited effective August 12, 2025, due to the company fixing a record date for redemption purposes.
Key Points
- Trading suspension applies to two debenture series: PMPL-ZC-13-4-28-PVT and PMPL-ZC-30-10-29-PVT
- Both series have ISINs INE0NF807017 (974309) and INE0NF807025 (975420) respectively
- No dealings permitted from August 12, 2025
- Suspension is for redemption purposes
Regulatory Changes
No new regulatory changes introduced - standard procedure for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 12, 2025
- Members must take note of the suspension and comply with no-dealing restrictions
Important Dates
- Record Date: August 12, 2025
- No Dealings From: August 12, 2025
- Notice Date: August 7, 2025
Impact Assessment
Minimal market impact as this affects only specific debt instruments of one private limited company. Standard corporate action procedure with limited broader market implications.
Impact Justification
Routine suspension for debenture redemption affecting limited debt instruments