Description
BSE suspends trading in two series of non-convertible debentures of Sakthi Finance Ltd due to redemption with record date August 14, 2025.
Summary
BSE has suspended trading in two series of non-convertible debentures of Sakthi Finance Ltd effective August 14, 2025, due to the company fixing a record date for redemption of these securities.
Key Points
- Trading suspension applies to two NCD series: SFL-10%-29-8-25-NCD and SFL-ZC-29-8-25-NCD
- Both securities have ISIN codes INE302E07375 and INE302E07383 respectively
- Trading members advised not to deal in these debentures from August 14, 2025
- Suspension is due to redemption corporate action
Regulatory Changes
No regulatory framework changes announced.
Compliance Requirements
- Trading members must cease dealing in the specified debentures from August 14, 2025
- Members required to note the suspension for compliance purposes
Important Dates
- Record Date: August 14, 2025
- No Dealings From: August 14, 2025
- Notice Date: August 12, 2025
Impact Assessment
Limited market impact as suspension is procedural for redemption. Affects holders of specific Sakthi Finance debenture series who will receive redemption proceeds. No broader market implications expected.
Impact Justification
Trading suspension affects specific debt securities with limited market impact due to redemption