Description
Trading suspended in three series of debentures of Spandana Sphoorty Financial Limited from October 8, 2025 due to optional accelerated redemption and interest payment with record date October 8, 2025.
Summary
BSE has suspended 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 rights and processing interest payments, with a record date set for October 8, 2025. Trading members are advised not to deal in these debentures from the specified date.
Key Points
- Three debenture series of Spandana Sphoorty Financial Limited suspended from trading
- Suspension effective from October 8, 2025
- Reason: Optional accelerated redemption and interest payment
- Record date for both redemption and interest payment: October 8, 2025
- Trading members instructed not to deal in these securities
- Notice issued under DR-731/2025-2026
Affected Securities
SSFL-11.35%-30-12-25-PVT (ISIN: INE572J07513, Code: 974502)
- Coupon Rate: 11.35%
- Original Maturity: December 30, 2025
- Record Date: October 8, 2025
- No Dealings From: October 8, 2025
SSFL-11.10%-24-4-26-PVT (ISIN: INE572J07745, Code: 974793)
- Coupon Rate: 11.10%
- Original Maturity: April 24, 2026
- Record Date: October 8, 2025
- No Dealings From: October 8, 2025
SSFL-10.75%-10-7-26-PVT (ISIN: INE572J07729, Code: 975811)
- Coupon Rate: 10.75%
- Original Maturity: July 10, 2026
- Record Date: October 8, 2025
- No Dealings From: October 8, 2025
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for debenture redemption and trading suspension.
Compliance Requirements
- Trading members must not execute any deals in the three specified debenture series from October 8, 2025
- Members must inform their clients holding these debentures about the suspension
- Debenture holders as on record date (October 8, 2025) will be eligible for interest payment and redemption proceeds
- Compliance with DR-731/2025-2026 directive mandatory
Important Dates
- Notice Date: October 6, 2025
- Record Date: October 8, 2025
- Trading Suspension Date: October 8, 2025
- Purpose: Payment of interest and part principal payment pursuant to optional accelerated redemption
Impact Assessment
Market Impact: High - Complete trading suspension affects liquidity for holders of these debentures. Investors will not be able to trade these securities from October 8, 2025.
Investor Impact: High - Debenture holders as on record date will receive redemption proceeds and interest payment. Those wishing to exit positions must do so before October 8, 2025.
Issuer Impact: Company exercising optional accelerated redemption rights, indicating prepayment of debt obligations ahead of original maturity dates ranging from December 2025 to July 2026.
Operational Impact: Trading members must update systems to block trading in these three ISIN codes and communicate the suspension to affected clients immediately.
Impact Justification
Complete suspension of trading in three debenture series affecting debt investors with immediate effect from October 8, 2025