Description

Trading suspended in Kosamattam Finance Limited debentures (INE403Q07DH0) from October 13, 2025 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of Kosamattam Finance Limited with ISIN INE403Q07DH0 (scrip code 938538) effective from October 13, 2025. The suspension is due to the company setting a record date for redemption of these debentures. Trading members are advised not to deal in these securities from the specified date.

Key Points

  • Company: KOSAMATTAM FINANCE LIMITED
  • ISIN: INE403Q07DH0
  • Scrip Code: 938538
  • Security Type: Non-Convertible Debentures (KFL-28-10-25-NCD)
  • Record Date: October 13, 2025
  • Purpose: Redemption of Debentures
  • Trading Suspension Date: October 13, 2025
  • Notice Number: DR-734/2025-2026
  • Notice Date: October 08, 2025

Regulatory Changes

No new regulatory changes. This is a standard suspension notice issued in accordance with existing market regulations for corporate actions involving debt securities.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from October 13, 2025
  • Trading members must update their systems to reflect the suspension
  • No buy or sell orders should be accepted for scrip code 938538 from the suspension date

Important Dates

  • October 08, 2025: Notice issued by BSE
  • October 13, 2025: Record date for redemption
  • October 13, 2025: Trading suspension effective from this date

Impact Assessment

Market Impact: Limited impact as this affects only holders of specific debentures of Kosamattam Finance Limited. The suspension is temporary and directly related to the redemption process.

Investor Impact: Debenture holders on the record date (October 13, 2025) will be eligible for redemption. No trading will be possible from the suspension date, ensuring clean settlement for the redemption process.

Operational Impact: Trading members need to ensure compliance by blocking trading in the specified security code from October 13, 2025.

Impact Justification

Standard suspension procedure for debenture redemption affecting specific debt instrument holders only