Description
Trading in debentures of SPANDANA SPHOORTY FINANCIAL LIMITED (Scrip Code 975811) to resume from September 10, 2025 after incomplete redemption.
Summary
BSE has announced the resumption of trading in debentures of SPANDANA SPHOORTY FINANCIAL LIMITED (Scrip Code 975811) effective September 10, 2025. The trading resumption follows the company’s notification that the debentures were not fully redeemed despite earlier redemption proceedings and the company’s request to revoke the scrips.
Key Points
- Trading in SPANDANA SPHOORTY FINANCIAL LIMITED debentures (Scrip Code 975811) to resume from September 10, 2025
- Previous redemption process initiated in June 2025 was incomplete
- Company has requested to revoke the scrips due to incomplete redemption
- Reference number DR-712/2025-2026 assigned for the resumption
Regulatory Changes
No new regulatory changes introduced. This circular provides operational guidance for resuming trading in specific debentures.
Compliance Requirements
- Trading members must note the availability of debentures for trading from the specified date
- Normal trading procedures to apply for the resumed debenture trading
Important Dates
- June 3, 2025: Original notice for redemption proceedings
- June 5, 2025: Record date fixed for redemption purpose
- September 10, 2025: Trading resumption date
- September 9, 2025: Notice date
Impact Assessment
The resumption affects investors holding SPANDANA SPHOORTY FINANCIAL LIMITED debentures by restoring trading liquidity. The incomplete redemption process means debenture holders can now trade their securities in the secondary market instead of waiting for redemption completion.
Impact Justification
Medium importance as it affects specific debenture trading but limited to one issuer