Description
BSE suspends trading in debentures of Vikas Telecom Private Limited effective August 14, 2025 due to record date for redemption and interest payment.
Summary
BSE has suspended trading in Non-Convertible Debentures of VIKAS TELECOM PRIVATE LIMITED (Code: VTPL-7.65%-29-8-25-PVT, ISIN: INE466P07010) effective August 14, 2025. The suspension is due to the company setting a record date for redemption of debentures and payment of interest.
Key Points
- Trading suspension applies to debentures with ISIN INE466P07010
- Debenture code: VTPL-7.65%-29-8-25-PVT (974141)
- No dealings allowed from August 14, 2025
- Purpose: Redemption of debentures and interest payment
- Notice reference: DR-695/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard operational suspension for corporate action processing.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 14, 2025
- All trading members must take note of the suspension
- Compliance with record date requirements for redemption and interest payment
Important Dates
- Record Date: August 14, 2025
- Trading Suspension Start: August 14, 2025
- Notice Date: August 13, 2025
Impact Assessment
Limited impact as it affects only specific debentures of Vikas Telecom Private Limited. Standard corporate action procedure with temporary trading suspension to facilitate redemption and interest payment processes. Debenture holders will receive their redemption proceeds and interest payments as per the record date.
Impact Justification
Affects specific debenture holders of Vikas Telecom, limited market impact