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 of August 15, 2025 for interest payment and redemption purposes.
Key Points
- Trading suspension applies to debenture code USFB-10.5777%-30-8-25-PVT (ISIN: INE735W08020, Code: 958226)
- No dealings permitted from August 14, 2025
- Record date fixed as August 15, 2025
- Purpose includes both redemption of debentures and payment of interest
Regulatory Changes
No regulatory changes - standard procedure for debenture redemption process.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 14, 2025
- All exchange members must take note of the suspension
Important Dates
- August 14, 2025: Trading suspension begins
- August 15, 2025: Record date for interest payment and redemption
Impact Assessment
Limited impact as this affects only specific debenture holders of UTKARSH SMALL FINANCE BANK LIMITED. Standard procedure for debt security redemption with temporary trading restriction.
Impact Justification
Standard trading suspension for debenture redemption affecting specific debt security holders