Description

Trading in LFL-10.69%-XIRR-25-10-25-PVT debentures (INE090W07600) suspended from October 10, 2025 due to record date for redemption and interest payment.

Summary

BSE has suspended trading in debentures of LENDINGKART FINANCE LIMITED (Security Code: INE090W07600/975166) effective October 10, 2025. The suspension is implemented due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the no-dealings date.

Key Points

  • Trading suspended for LFL-10.69%-XIRR-25-10-25-PVT debentures (ISIN: INE090W07600, Code: 975166)
  • Suspension effective from October 10, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Record date set for October 10, 2025
  • 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 corporate action-related trading suspension as per existing BSE procedures for debenture redemption and interest payment record dates.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from October 10, 2025
  • Trading members must inform their clients holding or intending to trade these debentures about the suspension
  • All market participants must take note of the suspension and adjust their systems accordingly

Important Dates

  • October 8, 2025: Circular issued
  • October 10, 2025: Record date for redemption and interest payment
  • October 10, 2025: No dealings from this date (trading suspension effective)

Impact Assessment

Market Impact: Limited to holders of specific LENDINGKART FINANCE LIMITED debentures. The suspension prevents secondary market trading but does not affect the underlying redemption and interest payment process.

Investor Impact: Debenture holders cannot exit positions through secondary market from October 10, 2025. However, those holding the debentures on record date will receive scheduled redemption proceeds and interest payment.

Operational Impact: Trading members need to update their systems to block trades in security code 975166/INE090W07600 and communicate the suspension to affected clients.

Impact Justification

High severity due to immediate trading suspension, medium impact as affects specific debenture holders of LENDINGKART FINANCE LIMITED only