Description
Trading suspended in MMFSL debentures due to record date for interest payment and redemption on September 11, 2025.
Summary
BSE has suspended trading in 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 MMFSL debentures with ISIN INE774D07VC5 (Code: 974993)
- Suspension effective from September 11, 2025
- Purpose: Redemption of debentures and payment of interest
- Trading members advised not to deal in the specified debentures
Regulatory Changes
No regulatory framework changes. Standard procedure for corporate actions involving debt securities.
Compliance Requirements
- Trading members must cease dealing in the specified MMFSL debentures from September 11, 2025
- Members required to take note of the suspension and comply accordingly
Important Dates
- Record Date: September 11, 2025
- No Dealings From: September 11, 2025
- Notice Date: September 9, 2025
Impact Assessment
Limited impact restricted to holders and traders of MMFSL debentures. Routine corporate action with no broader market implications. Temporary trading suspension to facilitate orderly redemption and interest payment process.
Impact Justification
Routine corporate action affecting specific debt securities trading with limited market-wide impact