Description
BSE suspends trading in KOGTA FINANCIAL debentures ahead of interest payment and redemption on September 7, 2025.
Summary
BSE has suspended trading in non-convertible debentures of KOGTA FINANCIAL (INDIA) LIMITED effective September 4, 2025, ahead of the record date for interest payment and redemption on September 7, 2025.
Key Points
- Trading suspension applies to specific debenture series KFL-REPO RATE-23-9-25-PVT (ISIN: INE192U07236, Code: 973485)
- Suspension is for corporate action processing related to interest payment and redemption
- Trading members advised not to deal in the specified debentures
- Standard procedure for debenture corporate actions
Regulatory Changes
No regulatory changes - routine corporate action processing.
Compliance Requirements
- Trading members must not deal in the specified debentures from September 4, 2025
- All market participants must note the trading suspension
- Compliance with record date requirements
Important Dates
- Record Date: September 7, 2025
- Trading Suspension From: September 4, 2025
- Purpose: Interest payment and redemption of debentures
Impact Assessment
Minimal market impact as this affects only a specific debenture series of one company. Standard corporate action procedure with temporary trading suspension to facilitate interest payment and redemption process.
Impact Justification
Routine trading suspension for specific debenture series ahead of interest payment and redemption