Description

BSE suspends trading in PTCs of SHIVAM VI effective September 1, 2025 due to record date for interest payment and redemption.

Summary

BSE has announced the suspension of trading in Pass Through Certificates (PTCs) of SHIVAM VI effective September 1, 2025. The suspension is due to the company fixing a record date for interest payment and redemption of PTCs.

Key Points

  • Trading suspension applies to SHIVAM VI PTCs (Code: SVI-11.50%-17-9-25-PTC, ISIN: INE0YD215012, BSE Code: 975795)
  • Record date set for September 1, 2025
  • No dealings allowed from September 1, 2025
  • Purpose: Redemption of PTCs and payment of interest
  • Notice reference: DR-705/2025-2026

Regulatory Changes

No regulatory framework changes. This is a routine corporate action notice.

Compliance Requirements

  • Trading members must not deal in the specified PTCs from the effective 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

Limited impact as this affects only specific PTCs of SHIVAM VI. The suspension is temporary and related to routine corporate actions (interest payment and redemption). Trading members dealing in these specific debt securities need to be aware of the no-dealing restriction from the effective date.

Impact Justification

Routine trading suspension for a specific PTC due to corporate action with limited market impact