Description

Trading to resume in SHRIRAM FINANCE LTD debentures (Scrip Code 975128 and 975129) from October 08, 2025 as early redemption put option was not exercised by the company.

Summary

BSE has announced the resumption of trading in debentures of SHRIRAM FINANCE LTD with Scrip Codes 975128 and 975129, effective October 08, 2025. Trading was previously suspended following the record date announcement for payment of interest and early redemption pursuant to exercise of put option. The company has now confirmed that the early redemption on exercise of put option was not exercised, allowing trading to resume.

Key Points

  • Trading in SHRIRAM FINANCE LTD debentures (Scrip Code 975128 and 975129) will resume from October 08, 2025
  • Previous notice dated September 15, 2025 had set record date as September 18, 2025 for payment of interest and early redemption pursuant to exercise of put option
  • The company has confirmed that early redemption on exercise of put option was not exercised
  • Trading members are advised to note the resumption of trading in these securities
  • Notice reference: DR-731/2024-2025

Regulatory Changes

No regulatory changes. This is an operational notice regarding the resumption of trading activity.

Compliance Requirements

  • Trading members should note that debentures with Scrip Codes 975128 and 975129 of SHRIRAM FINANCE LTD will be available for trading from October 08, 2025
  • Members should update their systems and inform clients accordingly about the availability of these securities for trading

Important Dates

  • September 15, 2025: Original notice issued regarding record date for interest payment and early redemption
  • September 18, 2025: Record date fixed for payment of interest and early redemption pursuant to exercise of put option
  • October 07, 2025: Notice issued for resumption of trading
  • October 08, 2025: Effective date for resumption of trading in debentures (Scrip Code 975128 and 975129)

Impact Assessment

Market Impact: Medium - The resumption of trading provides liquidity back to holders of these specific SHRIRAM FINANCE debentures. The non-exercise of the put option means investors will continue to hold these debentures until maturity or future redemption opportunities.

Investor Impact: Positive for investors seeking liquidity, as they can now trade these debentures on the exchange. Investors who were expecting early redemption will need to adjust their portfolio strategies accordingly.

Operational Impact: Trading members need to update their systems to enable trading in these scrip codes from October 08, 2025.

Impact Justification

Resumption of trading in specific debentures affects debt market participants holding or interested in SHRIRAM FINANCE debentures, but has limited broader market impact