Description
Trading suspension for SBI Cards debentures due to record date for interest payment and redemption on September 1, 2025.
Summary
BSE has suspended trading in non-convertible debentures of SBI Cards and Payment Services Limited effective September 1, 2025, due to the company fixing a record date for interest payment and redemption purposes.
Key Points
- Trading suspension applies to specific debentures (ISIN: INE018E08318, Code: 974186)
- Debenture series: SBICAPSL-7.39%-15-9-25-PVT
- No dealings allowed from September 1, 2025
- Suspension is for both interest payment and redemption purposes
Regulatory Changes
No regulatory changes - this is a standard corporate action procedure.
Compliance Requirements
- Trading members must not deal in the specified debentures from the suspension date
- Trading members are required to take note of this suspension
Important Dates
- Record Date: September 1, 2025
- Trading Suspension Date: September 1, 2025
- Notice Date: August 22, 2025
Impact Assessment
The trading suspension is temporary and affects only the specific debenture series mentioned. This is a routine corporate action that ensures proper settlement of interest payments and redemption to eligible holders as of the record date. Impact is limited to holders and traders of this particular debt instrument.
Impact Justification
Temporary trading suspension for specific debentures affects debt market participants but is routine corporate action