Description
Trading suspended in Kosamattam Finance Limited debentures (INE403Q07EK2) from October 10, 2025 due to redemption with record date set for October 10, 2025.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures of Kosamattam Finance Limited (ISIN: INE403Q07EK2, Code: 939413) effective October 10, 2025. The suspension is due to the company setting a record date of October 10, 2025 for redemption purposes. Trading members are advised not to deal in these debentures from the suspension date.
Key Points
- Company: Kosamattam Finance Limited
- Security Type: Non-Convertible Debentures (Zero Coupon)
- ISIN: INE403Q07EK2
- BSE Code: 939413
- Record Date: October 10, 2025
- No Dealings From: October 10, 2025
- Purpose: Redemption of Debentures
- Notice Number: DR-733/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard suspension notice related to corporate action (debenture redemption).
Compliance Requirements
- Trading members must not deal in the specified debentures from October 10, 2025
- Trading members are required to take note of the suspension and inform their clients
- All pending orders and positions in these debentures should be managed before the suspension date
Important Dates
- Notice Date: October 8, 2025
- Record Date: October 10, 2025
- Trading Suspension Effective From: October 10, 2025
Impact Assessment
Market Impact: Medium - affects only holders and traders of specific Kosamattam Finance Limited debentures.
Investor Impact: High for debenture holders - must be aware of redemption process and suspension timeline.
Operational Impact: Low - standard corporate action processing; trading members need to update systems to block trading in affected securities.
Liquidity Impact: Trading liquidity will cease from October 10, 2025 for this specific debenture series as redemption is imminent.
Impact Justification
Trading suspension affects debenture holders of Kosamattam Finance Limited. Impact limited to specific debt security with defined redemption timeline.