Description

BSE suspends trading in debentures of KOSAMATTAM FINANCE LIMITED (INE403Q07DH0) effective October 13, 2025 due to redemption record date.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of KOSAMATTAM FINANCE LIMITED effective October 13, 2025. The suspension is due to the company fixing a record date for redemption purposes. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Company: KOSAMATTAM FINANCE LIMITED
  • Security Code: INE403Q07DH0 (938538)
  • Security Type: Non-Convertible Debentures (KFL-28-10-25-NCD)
  • Record Date: October 13, 2025
  • No Dealings From: October 13, 2025
  • Purpose: Redemption of Debentures
  • Circular Reference: DR-734/2025-2026

Regulatory Changes

No regulatory changes announced. This is a routine corporate action notice.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures of KOSAMATTAM FINANCE LIMITED from October 13, 2025
  • Trading members must take note of the suspension and communicate to their clients
  • All dealing activities in security code INE403Q07DH0 (938538) must cease from the specified date

Important Dates

  • October 8, 2025: Circular issued by BSE
  • October 13, 2025: Record date for redemption and commencement of trading suspension

Impact Assessment

Market Impact: Low - The suspension affects a single debt security and is a standard procedure for debenture redemption. Holders of these debentures as of the record date will be eligible for redemption proceeds.

Investor Impact: Debenture holders who wish to exit before redemption must do so before October 13, 2025. After this date, no secondary market trading will be possible, and investors will receive redemption proceeds as per the debenture terms.

Operational Impact: Minimal - This is a routine corporate action that trading members regularly handle. The advance notice provides sufficient time for members to adjust their operations and inform affected clients.

Impact Justification

Routine suspension for debenture redemption affecting single debt security with limited market impact