Description
BSE suspends trading in NEOGROWTH CREDIT PRIVATE LIMITED debentures effective August 11, 2025 due to redemption record date.
Summary
BSE has suspended trading in Non-Convertible Debentures of NEOGROWTH CREDIT PRIVATE LIMITED effective August 11, 2025, due to the company setting a record date for debenture redemption.
Key Points
- Trading suspension applies to NEOGROWTH CREDIT PRIVATE LIMITED debentures (ISIN: INE814O07485, Code: 975278)
- Record date for redemption: August 11, 2025
- No dealings permitted from August 11, 2025
- Debenture carries 12.55% interest rate with maturity on August 26, 2025
Regulatory Changes
No regulatory changes introduced - this is a standard corporate action notice.
Compliance Requirements
- Trading members must not deal in the specified debentures from the suspension date
- Trading members are advised to take note of the suspension
Important Dates
- August 11, 2025: Record date for redemption and start of trading suspension
- August 26, 2025: Debenture maturity date
Impact Assessment
Minimal market impact as this affects only specific debentures of one private company. Standard procedure for debt instrument redemption with temporary trading restrictions.
Impact Justification
Routine trading suspension for debenture redemption affecting single company's debt instruments