Description
Trading suspended for UTKARSH SMALL FINANCE BANK LIMITED debentures due to record date for interest payment and redemption.
Summary
BSE has suspended trading in debentures of UTKARSH SMALL FINANCE BANK LIMITED effective August 14, 2025, due to the company fixing a record date for interest payment and redemption of its non-convertible debentures.
Key Points
- Trading suspension applies to UTKARSH SMALL FINANCE BANK LIMITED debentures (Code: USFB-10.5777%-30-8-25-PVT, ISIN: INE735W08020)
- Record date set for August 15, 2025
- Purpose: Redemption of debentures and payment of interest
- No dealings allowed from August 14, 2025
- Reference: DR-695/2025-2026
Regulatory Changes
No regulatory framework changes - routine corporate action notification.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 14, 2025
- Trading members must take note of the suspension and comply with the restriction
Important Dates
- August 14, 2025: Trading suspension begins
- August 15, 2025: Record date for interest payment and redemption
- August 30, 2025: Debenture maturity date (implied from code)
Impact Assessment
Minimal market impact as this affects only one company’s debt securities. Routine corporate action that temporarily restricts trading to facilitate proper record-keeping for interest payment and redemption process.
Impact Justification
Routine trading suspension for single company's debenture due to corporate action with limited market impact