Description
BSE suspends trading in NIRMAL BANG SECURITIES PRIVATE LIMITED debentures from September 11, 2025 due to redemption with record date set for the same day.
Summary
BSE has suspended trading in Non-Convertible Debentures of NIRMAL BANG SECURITIES PRIVATE LIMITED effective September 11, 2025, due to the company fixing a record date for redemption of debentures. Trading members are advised not to deal in these securities from the specified date.
Key Points
- Trading suspension applies to NIRMAL BANG SECURITIES PRIVATE LIMITED debentures (Code: NBSPL-10.75%-26-25-PVT, ISIN: INE681R08075, BSE Code: 975547)
- Record date for redemption set for September 11, 2025
- No dealings permitted from September 11, 2025
- Notice issued under reference DR-713/2025-2026
Regulatory Changes
No regulatory framework changes. Standard procedure for debenture redemption process.
Compliance Requirements
- Trading members must cease all dealings in specified debentures from September 11, 2025
- Members required to take note of the suspension and comply with trading restrictions
Important Dates
- Record Date: September 11, 2025 (for redemption purpose)
- Trading Suspension Date: September 11, 2025
- Notice Date: September 9, 2025
Impact Assessment
Minimal market impact as this involves a private limited company’s debentures with limited trading activity. Routine corporate action with standard suspension procedures to facilitate redemption process.
Impact Justification
Routine trading suspension for debenture redemption affecting single private company with limited market impact