Description
Trading suspended in L&T Finance Limited debentures due to record date for interest payment and redemption on August 29, 2025.
Summary
BSE has suspended trading in debentures of L&T Finance Limited (ISIN: INE691I08412, Code: 952762) effective August 29, 2025, due to the company fixing record date for interest payment and redemption purposes.
Key Points
- Trading suspension applies to L&T Finance Limited 8.90% secured non-convertible debentures
- Record date fixed for August 29, 2025
- No dealings allowed from August 29, 2025 onwards
- Purpose includes both redemption of debentures and payment of interest
- Reference number: DR-704/2025-2026
Regulatory Changes
No regulatory changes involved - this is a routine corporate action notification.
Compliance Requirements
- Trading members must not deal in the specified debentures from the no-dealings date
- Trading members required to take note of the suspension
- Compliance with record date requirements for interest payment and redemption
Important Dates
- Record Date: August 29, 2025
- No Dealings From: August 29, 2025
- Notice Date: August 21, 2025
Impact Assessment
Limited market impact as this affects only specific debenture series of L&T Finance Limited. Routine corporate action with temporary trading restriction to facilitate proper settlement of interest payments and redemption process.
Impact Justification
Routine trading suspension for corporate action with limited market impact