Description

Trading suspended in LFL-10.69%-XIRR-25-10-25-PVT debentures (INE090W07600) from October 10, 2025 due to record date for redemption and interest payment.

Summary

BSE has announced the suspension of trading in non-convertible debentures of LENDINGKART FINANCE LIMITED (ISIN: INE090W07600, Code: 975166) effective October 10, 2025. The suspension is due to the company setting a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the effective date.

Key Points

  • Trading suspension applies to LFL-10.69%-XIRR-25-10-25-PVT debentures
  • ISIN: INE090W07600
  • BSE Code: 975166
  • No dealings permitted from October 10, 2025
  • Circular reference: DR-733/2025-2026
  • Notice issued by Assistant Vice President – Listing Operations (CRD)

Regulatory Changes

No regulatory changes introduced. This is a standard operational measure taken when a company fixes a record date for corporate actions related to debt securities.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from October 10, 2025
  • Trading members are required to take note of the suspension and ensure compliance
  • No trading activity should be executed in these debentures from the effective date

Important Dates

  • Notice Date: October 8, 2025
  • Record Date: October 10, 2025
  • Trading Suspension Effective From: October 10, 2025

Impact Assessment

Market Impact: Limited to holders and potential traders of LENDINGKART FINANCE LIMITED debentures. The suspension affects liquidity in this specific debt instrument but has no broader market implications.

Investor Impact: Debenture holders will receive their scheduled interest payment and redemption proceeds based on holdings as of the record date. Trading members must ensure client portfolios are adjusted accordingly before the suspension date.

Operational Impact: Trading members need to update their systems to block trading in the affected ISIN from October 10, 2025. Standard corporate action processing for debt securities applies.

Impact Justification

Medium ranking as this affects specific debenture holders and trading members dealing with LENDINGKART FINANCE LIMITED debt instruments, with limited broader market impact