Description
BSE suspends trading in MMFSL debentures from September 11, 2025 due to upcoming redemption and interest payment with record date set for the same day.
Summary
BSE has announced the suspension of trading in specific non-convertible debentures of MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED (MMFSL) effective September 11, 2025. The suspension is due to the company setting a record date for redemption of debentures and payment of interest.
Key Points
- Trading suspension applies to MMFSL debentures with code INE774D07VC5 (974993)
- Debenture series: MMFSL-7.9585%-26-9-25-PVT
- Record date set for September 11, 2025
- Trading suspension effective from September 11, 2025
- Purpose: Redemption of debentures and payment of interest
Regulatory Changes
No regulatory framework changes. This is a standard operational procedure for debenture redemption.
Compliance Requirements
- Trading members advised not to deal in the specified MMFSL debentures from September 11, 2025
- Trading members must take note of the suspension and comply with the trading halt
Important Dates
- Record Date: September 11, 2025
- Trading Suspension Date: September 11, 2025
- Notice Date: September 9, 2025
Impact Assessment
Limited market impact as this affects only specific debenture series of MMFSL. The suspension is temporary and relates to standard corporate action procedures for debt redemption and interest payment. Investors in these debentures will receive redemption proceeds and final interest payment based on the record date.
Impact Justification
Routine suspension for debenture redemption affecting specific debt instrument of major NBFC