Description
Trading suspended in debentures of Kosamattam Finance Limited (INE403Q07EK2) from October 10, 2025 due to redemption with record date set for the same day.
Summary
BSE has announced the suspension of trading in non-convertible debentures of Kosamattam Finance Limited effective October 10, 2025. The suspension is due to the company fixing a record date for redemption of its debentures. Trading members are advised not to deal in the specified debentures from the no-dealings date.
Key Points
- Trading suspended for Kosamattam Finance Limited debentures with ISIN INE403Q07EK2 (Code: 939413)
- Record date for redemption: October 10, 2025
- No dealings permitted from: October 10, 2025
- Notice reference: DR-733/2025-2026
- Issued by: Marian Dsouza, Assistant Vice President – Listing Operations (CRD)
Regulatory Changes
No regulatory changes introduced. This is a standard operational notice for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures of Kosamattam Finance Limited from October 10, 2025
- Trading members are required to take note of the trading suspension and record date
Important Dates
- October 8, 2025: Circular issue date
- October 10, 2025: Record date for redemption
- October 10, 2025: Trading suspension effective date (no dealings from this date)
Impact Assessment
The impact is limited to holders and traders of Kosamattam Finance Limited’s non-convertible debentures. This is a routine corporate action related to debt redemption. The trading suspension ensures orderly settlement and prevents transactions that would not be eligible for redemption. No broader market impact is expected as this affects only one specific debt instrument.
Impact Justification
Routine debenture redemption with trading suspension affecting only specific debt securities of a single company. Limited market-wide impact.