Description
BSE suspends trading in NEOGROWTH CREDIT PRIVATE LIMITED debentures due to redemption with record date August 19, 2025.
Summary
BSE has suspended trading in Non-Convertible Debentures of NEOGROWTH CREDIT PRIVATE LIMITED effective August 19, 2025, due to the company fixing a record date for redemption purposes.
Key Points
- Trading suspension applies to NEOGROWTH CREDIT PRIVATE LIMITED debentures (Code: NGCPL-12.80%-3-9-25-PVT, ISIN: INE814O07386, BSE Code: 958977)
- Record date fixed for August 19, 2025
- No dealings permitted from August 19, 2025
- Purpose is redemption of debentures
- Reference number: DR-697/2025-2026
Regulatory Changes
No regulatory framework changes. Standard procedure for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 19, 2025
- Trading members advised to take note of the suspension
Important Dates
- August 19, 2025: Record date for redemption
- August 19, 2025: Trading suspension effective date
- August 14, 2025: Notice date
Impact Assessment
Limited impact as this affects only specific debenture holders of NEOGROWTH CREDIT PRIVATE LIMITED. Standard corporate action with temporary trading suspension for redemption processing.
Impact Justification
Routine debenture redemption affecting specific debt instrument trading