Description
BSE suspends trading in POONAWALLA FINCORP LIMITED debentures from September 3, 2025 due to record date for interest payment and redemption.
Summary
BSE has announced the suspension of trading in debentures of POONAWALLA FINCORP LIMITED effective September 3, 2025. The suspension is due to the company setting a record date for interest payment and redemption of its non-convertible debentures.
Key Points
- Trading suspension applies to POONAWALLA FINCORP LIMITED debentures (Code: PFL-PERPETUAL-PVT, ISIN: INE511C08928, Scrip Code: 952774)
- Record date set for September 3, 2025
- Purpose: Redemption of debentures and payment of interest
- Trading members advised not to deal in these debentures from the effective date
Regulatory Changes
No regulatory framework changes. This is a standard operational suspension due to corporate action.
Compliance Requirements
- Trading members must cease dealing in the specified debentures from September 3, 2025
- Trading members must take note of the suspension and inform relevant stakeholders
- No transactions should be executed in the affected debenture series
Important Dates
- August 22, 2025: Circular announcement date
- September 3, 2025: Trading suspension effective date and record date for interest payment and redemption
Impact Assessment
The impact is limited to holders and potential traders of POONAWALLA FINCORP LIMITED’s specific debenture series. The suspension is temporary and related to corporate action processing. Normal trading operations for other securities remain unaffected. Debenture holders will receive their interest payments and redemption proceeds as per the company’s announcement.
Impact Justification
Trading suspension affects specific debenture holders but limited to single instrument with clear timeline