Description
BSE suspends trading in Pass Through Certificates of SHIVAM VI effective September 1, 2025 due to record date for redemption and interest payment.
Summary
BSE has suspended trading in Pass Through Certificates (PTCs) of SHIVAM VI effective September 1, 2025. The suspension is implemented due to the company setting a record date for redemption of PTCs and payment of interest.
Key Points
- Trading suspension applies to SHIVAM VI PTCs (Code: SVI-11.50%-17-9-25-PTC, ISIN: INE0YD215012)
- Security code: 975795
- No dealings permitted from September 1, 2025
- Suspension relates to upcoming redemption and interest payment
Regulatory Changes
No new regulatory framework changes. Standard procedure for debt securities approaching redemption.
Compliance Requirements
- Trading members must not deal in the specified PTCs from September 1, 2025
- All exchange members advised to take note of the suspension
- Normal trading restrictions apply until further notice
Important Dates
- Record Date: September 1, 2025
- Trading Suspension Date: September 1, 2025
- Notice Date: August 22, 2025
Impact Assessment
Medium impact limited to holders of SHIVAM VI PTCs. The suspension facilitates orderly redemption process and interest payment to eligible investors. No broader market implications expected given the specific nature of the debt instrument.
Impact Justification
Trading suspension affects liquidity but limited to specific debt instrument with upcoming redemption