Description
BSE suspends trading in two series of EDEL FINANCE debentures due to early redemption with record date August 18, 2025.
Summary
BSE has suspended trading in two series of non-convertible debentures issued by EDEL FINANCE COMPANY LIMITED effective August 18, 2025, due to early redemption by the company. The suspension affects debentures with codes INE836K07072 and INE836K07049.
Key Points
- Trading suspension effective from August 18, 2025
- Applies to two specific debenture series: EFCL-27-7-26-PVT and EFCL-28-7-26-PVT
- Reason: Early redemption by the company
- Record date for redemption: August 18, 2025
- Trading members advised not to deal in these debentures
Regulatory Changes
No regulatory framework changes. Standard procedure for debenture early redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 18, 2025
- Members required to take note of the suspension
- Compliance with record date requirements for redemption purposes
Important Dates
- August 18, 2025: Record date for early redemption
- August 18, 2025: Trading suspension effective date
- August 13, 2025: Notice date
Impact Assessment
Limited market impact as it affects only two specific debenture series of one company. Standard corporate action with minimal broader market implications. Debenture holders will receive early redemption as per company’s decision.
Impact Justification
Affects only specific debenture series of one company with limited market impact