Description
BSE suspends trading in two non-convertible debentures of CREDITACCESS GRAMEEN LTD due to record date for redemption and interest payment.
Summary
BSE has suspended trading in two non-convertible debentures of CREDITACCESS GRAMEEN LTD effective August 22, 2025, due to the company fixing a record date of August 23, 2025 for redemption and interest payment purposes.
Key Points
- Trading suspension applies to two specific NCDs: CAGL-9.10%-7-9-25-NCD and CAGL-7-9-25-NCD
- Record date set for August 23, 2025
- No dealings allowed from August 22, 2025
- Purpose is redemption of debentures and payment of interest
Regulatory Changes
No regulatory changes - standard procedure for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 22, 2025
- 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 two specific debt instruments of CREDITACCESS GRAMEEN LTD. Standard corporate action procedure with temporary trading suspension to facilitate redemption process.
Impact Justification
Standard trading suspension for debenture redemption affecting specific debt instruments only