Description
BSE suspends trading in KOSAMATTAM FINANCE LIMITED debentures from September 4, 2025 due to upcoming redemption and interest payment with record date September 5, 2025.
Summary
BSE has suspended trading in Non-Convertible Debentures of KOSAMATTAM FINANCE LIMITED (Code: KFL-10.25%-23-9-25-NCD, ISIN: INE403Q08118) effective September 4, 2025. The suspension is implemented due to the company’s record date of September 5, 2025 for redemption of debentures and interest payment.
Key Points
- Trading suspension applies to KOSAMATTAM FINANCE LIMITED debentures
- ISIN: INE403Q08118 (Code: 936308)
- Interest rate: 10.25%
- Suspension effective from September 4, 2025
- Record date: September 5, 2025
- Purpose: Redemption of debentures and payment of interest
Regulatory Changes
No regulatory changes introduced. This is a standard procedural suspension.
Compliance Requirements
- Trading members must not deal in the specified debentures from September 4, 2025
- Trading members are advised to take note of the suspension
- No transactions should be executed in the affected securities
Important Dates
- September 4, 2025: Trading suspension begins (no dealings from this date)
- September 5, 2025: Record date for redemption and interest payment
Impact Assessment
Limited market impact as this affects only one company’s debt securities. Routine corporate action suspension that temporarily restricts trading to facilitate proper settlement of redemption and interest payments. Investors holding these debentures will receive redemption proceeds and interest as per the record date.
Impact Justification
Routine trading suspension for corporate action affecting single company's debt securities