Description

Trading suspended in non-convertible debentures of Kosamattam Finance Limited from October 10, 2025 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in zero-coupon non-convertible debentures (ISIN: INE403Q07EK2, Code: 939413) of Kosamattam Finance Limited effective from October 10, 2025. The suspension is due to the company setting a record date for redemption of these debentures on the same day. Trading members are advised not to deal in these securities from the effective date.

Key Points

  • Company: Kosamattam Finance Limited (KFL-ZC-25-10-25-NCD)
  • ISIN: INE403Q07EK2
  • BSE Code: 939413
  • Record Date: October 10, 2025
  • No dealings permitted from: October 10, 2025
  • Purpose: Redemption of Debentures
  • Notice Number: DR-733/2025-2026
  • Issued by: Marian Dsouza, Assistant Vice President – Listing Operations (CRD)

Regulatory Changes

No regulatory framework changes. This is a standard operational measure triggered by the company’s redemption activity.

Compliance Requirements

  • Trading members must not deal in the specified debentures from October 10, 2025
  • Trading members must ensure all systems reflect the trading suspension
  • No buy or sell orders should be accepted for ISIN INE403Q07EK2 from the effective date

Important Dates

  • October 8, 2025: Notice issued
  • October 10, 2025: Record date for redemption
  • October 10, 2025: Trading suspension effective date

Impact Assessment

Market Impact: High - Complete trading halt affects liquidity and immediate exit options for debenture holders.

Investor Impact: High - Debenture holders cannot trade these securities on the exchange from October 10, 2025. Only those holding the debentures on the record date will be eligible for redemption proceeds.

Operational Impact: Trading members must update their systems to block trades in these debentures and inform clients holding or interested in these securities about the suspension.

Impact Justification

Complete trading suspension of debt securities affects all holders and trading members dealing in these debentures