Description
BSE suspends trading in two series of non-convertible debentures of FINQUEST FINANCIAL SOLUTIONS PRIVATE LIMITED due to early redemption with record date September 10, 2025.
Summary
BSE has suspended trading in two series of non-convertible debentures of FINQUEST FINANCIAL SOLUTIONS PRIVATE LIMITED effective September 10, 2025, due to early redemption. The suspension affects debentures with ISIN codes INE712W08037 and INE712W08029.
Key Points
- Trading suspension effective from September 10, 2025
- Two debenture series affected: FFSPL-ZC-24-3-27-PVT and FFSPL-ZC-26-9-29-PVT
- Reason: Early redemption of non-convertible debentures
- Trading members advised not to deal in specified debentures
- Notice issued by Assistant Vice President – Listing Operations (CRD)
Regulatory Changes
No regulatory framework changes. Standard procedure for debenture early redemption.
Compliance Requirements
- Trading members must cease all dealings in the specified debentures from September 10, 2025
- No trading permitted in debentures with codes 955968 and 959019
- Members must comply with record date requirements for early redemption process
Important Dates
- Record Date: September 10, 2025
- No Dealings From: September 10, 2025
- Notice Date: September 8, 2025
Impact Assessment
Limited market impact as this affects only specific debenture holders of a private limited company. The suspension is procedural and temporary, related to corporate action completion. No broader market implications expected.
Impact Justification
Routine suspension for corporate action affecting specific debenture holders only