Description
BSE suspends trading in two non-convertible debentures of CREDITACCESS GRAMEEN LTD ahead of redemption and interest payment record date.
Summary
BSE has suspended trading in two non-convertible debentures of CREDITACCESS GRAMEEN LTD effective August 22, 2025, ahead of the record date for redemption and interest payment scheduled for August 23, 2025.
Key Points
- Two debentures affected: CAGL-9.10%-7-9-25-NCD and CAGL-7-9-25-NCD
- Trading suspension effective from August 22, 2025
- Record date set for August 23, 2025
- Purpose: Redemption of debentures and payment of interest
- Trading members advised not to deal in these specific debentures
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action procedure.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 22, 2025
- All trading members required to take note of the suspension
Important Dates
- August 22, 2025: Trading suspension begins
- August 23, 2025: Record date for redemption and interest payment
Impact Assessment
Limited impact as this affects only specific debt instruments of CREDITACCESS GRAMEEN LTD. Standard procedure for debenture redemption with no broader market implications. Investors holding these debentures will receive redemption proceeds and final interest payment based on the record date.
Impact Justification
Standard trading suspension for debenture redemption affecting specific debt instruments with limited broader market impact