Description
Trading suspended in MAGNITE DEVELOPERS PRIVATE LIMITED debentures from August 11, 2025 due to record date for redemption and interest payment.
Summary
BSE has suspended trading in debentures of MAGNITE DEVELOPERS PRIVATE LIMITED effective August 11, 2025, due to the company fixing a record date for redemption of debentures and payment of interest.
Key Points
- Trading suspension applies to MAGNITE DEVELOPERS PRIVATE LIMITED debentures (Code: MDPL-10%-31-3-27-PVT)
- ISIN: INE0M1Q07023 (974800)
- Suspension effective from August 11, 2025
- Trading members advised not to deal in these debentures
Regulatory Changes
No regulatory changes - standard procedure for debenture corporate actions.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 11, 2025
- Trading members required to take note of the suspension
Important Dates
- Record Date: August 11, 2025
- No Dealings From: August 11, 2025
- Notice Date: August 7, 2025
Impact Assessment
Medium impact limited to holders and traders of MAGNITE DEVELOPERS PRIVATE LIMITED debentures. Standard corporate action procedure with temporary trading suspension to facilitate redemption and interest payment processes.
Impact Justification
Medium impact as affects specific debenture trading but limited to one company