Description
BSE suspends trading in ECL Finance Limited debentures due to redemption with record date August 28, 2025.
Summary
BSE has suspended trading in ECL Finance Limited’s 9.75% Non-Convertible Debentures (ISIN: INE804I07E00) effective August 28, 2025, due to the company’s redemption process. Trading members are advised to cease all dealings in these debentures from the record date.
Key Points
- ECL Finance Limited has fixed August 28, 2025 as the record date for debenture redemption
- Trading suspension applies to debentures with code ECL-9.75%-I5I501A-12-9-25-PVT
- ISIN code: INE804I07E00 (BSE code: 952789)
- No dealings permitted from August 28, 2025
- Notice reference: DR-703/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard procedure for debenture redemption.
Compliance Requirements
- Trading members must cease all transactions in the specified ECL Finance debentures
- Members must take note of the suspension and ensure compliance
- No dealing activities permitted from the record date onwards
Important Dates
- Record Date: August 28, 2025
- Trading Suspension Date: August 28, 2025
- Notice Date: August 21, 2025
Impact Assessment
Limited market impact as this affects only specific debentures of ECL Finance Limited. Standard corporate action for debt instrument redemption with minimal broader market implications.
Impact Justification
Routine debenture redemption affecting specific debt instrument only