Description
BSE suspends trading in three series of KLM AXIVA FINVEST LIMITED debentures from August 26, 2025 due to upcoming redemption and interest payment.
Summary
BSE has suspended trading in three series of non-convertible debentures issued by KLM AXIVA FINVEST LIMITED effective August 26, 2025. The suspension is due to the company fixing August 27, 2025 as the record date for redemption and interest payment purposes.
Key Points
- Three debenture series affected: KAFL-9.50%-11-9-25-NCD (two series) and KAFL-9.75%-11-9-25-NCD
- Trading suspension effective from August 26, 2025
- Record date set for August 27, 2025
- Purpose includes both redemption of debentures and payment of interest
Regulatory Changes
No regulatory changes - this is a routine corporate action notification.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 26, 2025
- All trading members are required to take note of this suspension
Important Dates
- August 26, 2025: Trading suspension begins (no dealings from this date)
- August 27, 2025: Record date for redemption and interest payment
Impact Assessment
Limited impact as this affects only specific debenture series of KLM AXIVA FINVEST LIMITED. Standard procedure for debt instrument redemption with minimal market disruption expected. Holders of these debentures will receive redemption proceeds and accrued interest as per the terms.
Impact Justification
Routine trading suspension for debenture redemption affecting specific debt instruments