Description
BSE suspends trading in SFL debentures from August 14, 2025 due to record date for redemption and interest payment.
Summary
BSE has suspended trading in specific Non-Convertible Debentures of SHRIRAM FINANCE LIMITED effective August 14, 2025, due to the company fixing August 15, 2025 as record date for redemption and interest payment.
Key Points
- Trading suspension applies to SFL-11%-30-08-2025-PVT debentures (ISIN: INE721A08AH3, Code: 946997)
- No dealings allowed from August 14, 2025
- Record date set for August 15, 2025
- Purpose: Redemption of debentures and payment of interest
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action procedure for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 14, 2025
- Trading members are advised to take note of the suspension
Important Dates
- August 14, 2025: Trading suspension begins (no dealings from this date)
- August 15, 2025: Record date for redemption and interest payment
- August 30, 2025: Debenture maturity date (as indicated by instrument name)
Impact Assessment
Medium impact limited to holders of the specific debenture series. The suspension is procedural for redemption process and affects liquidity for one day only. No broader market implications expected as this is a standard corporate action for maturing debt instruments.
Impact Justification
Trading suspension affects debt instrument liquidity but limited to specific debentures approaching redemption