Description
Trading suspension for three KLM AXIVA FINVEST LIMITED debentures from August 26, 2025 due to redemption and interest payment with record date August 27, 2025.
Summary
BSE has suspended trading in three non-convertible debentures of KLM AXIVA FINVEST LIMITED effective August 26, 2025, due to upcoming redemption and interest payment activities with record date set for August 27, 2025.
Key Points
- Three debentures of KLM AXIVA FINVEST LIMITED affected by trading suspension
- Suspension effective from August 26, 2025
- Record date for redemption and interest payment: August 27, 2025
- Two debentures with 9.50% coupon rate and one with 9.75% coupon rate
- All debentures scheduled for redemption on the same date
Regulatory Changes
No regulatory framework changes. This is a routine corporate action notification.
Compliance Requirements
- Trading members must not deal in the specified debentures from August 26, 2025
- Trading members required to note the suspension and inform clients accordingly
- No trading activity permitted until further notice
Important Dates
- August 26, 2025: Trading suspension begins (no dealings from this date)
- August 27, 2025: Record date for redemption and interest payment
- September 11, 2025: Maturity date for all three debentures
Impact Assessment
Minimal market impact as this affects only debt securities of one company. Standard corporate action procedure for debenture redemption. Holders of these debentures will receive redemption proceeds and applicable interest payments. No impact on equity markets or broader trading operations.
Impact Justification
Routine debenture redemption affecting limited debt instruments of one company