Description
Trading suspended in debentures of LENDINGKART FINANCE LIMITED (INE090W07600) from October 10, 2025 due to record date for redemption and interest payment.
Summary
BSE has announced the suspension of trading in debentures of LENDINGKART FINANCE LIMITED 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 suspension date.
Key Points
- Trading suspended for debenture ISIN: INE090W07600 (Code: 975166)
- Debenture series: LFL-10.69%-XIRR-25-10-25-PVT
- Record date set for October 10, 2025
- Purpose: Redemption of Debentures and Payment of Interest
- No dealings permitted from October 10, 2025
- Notice Reference: DR-733/2025-2026
- Notice Number: 20251008-20
Regulatory Changes
No regulatory framework changes. This is a standard operational suspension implemented as per existing debt market regulations governing record date procedures.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from October 10, 2025
- Members should inform clients holding or interested in these debentures about the trading suspension
- No buy or sell orders should be accepted for ISIN INE090W07600 from the suspension date
- Trading members must ensure compliance with the no-dealings restriction
Important Dates
| Date | Event |
|---|---|
| October 8, 2025 | Circular issued |
| October 10, 2025 | Record date for redemption and interest payment |
| October 10, 2025 | Trading suspension effective date |
Impact Assessment
Market Impact: Limited to holders of this specific debenture series. The suspension is temporary and linked to corporate action processing.
Investor Impact: Debenture holders will not be able to trade these securities from October 10, 2025. Investors should plan their trading activities accordingly before the suspension date.
Operational Impact: Trading members need to update their systems to block trading in this ISIN. Brokers should communicate the suspension to affected clients to avoid order placement attempts.
Financial Impact: Interest rate of 10.69% XIRR indicates existing investors will receive their final interest payment along with redemption proceeds as per the record date.
Impact Justification
Trading suspension affects specific debenture holders and investors in this security. Limited broader market impact as it applies to a single debt instrument, but high severity for affected investors due to immediate trading restrictions.