Description
BSE suspends trading in MMFSL debentures due to record date for interest payment and redemption on September 11, 2025.
Summary
BSE has suspended trading in specific non-convertible debentures of MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED effective September 11, 2025, due to the company fixing a record date for interest payment and redemption purposes.
Key Points
- Trading suspension applies to debenture ISIN: INE774D07VC5 (Code: 974993)
- Debenture details: MMFSL-7.9585%-26-9-25-PVT
- Record date set for September 11, 2025
- Purpose: Redemption of debentures and payment of interest
- Trading members advised not to deal in these debentures from September 11, 2025
Regulatory Changes
No regulatory framework changes - standard corporate action procedure.
Compliance Requirements
- Trading members must cease dealing in the specified debentures from September 11, 2025
- All trading members are required to take note of this suspension
- Compliance with corporate action timeline mandatory
Important Dates
- September 11, 2025: Record date for interest payment and redemption
- September 11, 2025: Trading suspension effective date
- September 8, 2025: Circular issue date
Impact Assessment
Limited market impact as this affects only one specific debenture issue. Standard corporate action procedure with temporary trading suspension to facilitate orderly interest payment and redemption process. No broader market implications expected.
Impact Justification
Standard trading suspension for corporate action affecting single debenture issue