Description

BSE suspends trading in three series of debentures of Spandana Sphoorty Financial Limited from October 8, 2025, due to optional accelerated redemption and interest payment.

Summary

BSE has issued a notice suspending trading in three series of debentures issued by Spandana Sphoorty Financial Limited effective October 8, 2025. The suspension is due to the company exercising optional accelerated redemption with part principal payment and interest payment, with a record date of October 8, 2025.

Key Points

  • Three debenture series affected: SSFL-11.35%-30-12-25-PVT (INE572J07513), SSFL-11.10%-24-4-26-PVT (INE572J07745), and SSFL-10.75%-10-7-26-PVT (INE572J07729)
  • Trading suspension effective from October 8, 2025
  • Record date for redemption and interest payment: October 8, 2025
  • Purpose: Optional accelerated redemption with part principal payment and interest payment
  • Trading members advised not to deal in these debentures from the suspension date
  • Notice reference: DR-731/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notice for debenture trading suspension.

Compliance Requirements

  • Trading members must not execute trades in the specified debentures from October 8, 2025
  • Trading members are required to take note of the suspension and communicate to their clients
  • No dealings permitted in the three debenture series listed

Important Dates

  • Notice Date: October 6, 2025
  • Record Date: October 8, 2025
  • No Dealings From: October 8, 2025

Impact Assessment

Market Impact: Medium - affects holders and traders of three specific debenture series of Spandana Sphoorty Financial Limited. The optional accelerated redemption provides early exit for debenture holders.

Operational Impact: Trading members need to update their systems to prevent trades in these securities and inform clients holding or interested in these debentures. The suspension ensures orderly redemption process without trading complications during the record date determination.

Impact Justification

Affects trading of three debenture series but limited to optional accelerated redemption event; impacts debenture holders and traders of these specific securities.