Description
BSE suspends trading in UTKARSH SMALL FINANCE BANK LIMITED debentures from August 14, 2025 due to record date for redemption and interest payment.
Summary
BSE has suspended trading in non-convertible debentures of UTKARSH SMALL FINANCE BANK LIMITED effective August 14, 2025, due to the company fixing August 15, 2025 as the record date for redemption of debentures and payment of interest.
Key Points
- Trading suspension applies to UTKARSH SMALL FINANCE BANK LIMITED debentures (Code: USFB-10.5777%-30-8-25-PVT)
- ISIN: INE735W08020 (Security ID: 958226)
- Record date set for August 15, 2025
- No dealings allowed from August 14, 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
- All trading members are required to take note of the suspension
- Compliance with corporate action procedures for record date determination
Important Dates
- August 13, 2025: Notice date
- August 14, 2025: Trading suspension begins (no dealings from this date)
- August 15, 2025: Record date for redemption and interest payment
Impact Assessment
Limited market impact as suspension affects only specific debentures of one company. Debenture holders will receive redemption proceeds and interest payments based on the record date. Trading members need to ensure compliance with the no-dealing instruction to avoid regulatory issues.
Impact Justification
Trading suspension affects specific debenture holders but limited to single security with short duration