Description

BSE suspends trading in A.K. CAPITAL FINANCE LTD debentures from October 16, 2025 due to record date for interest payment and redemption.

Summary

BSE has issued a notice suspending trading in debentures (ISIN: INE197P07342, Code: 975868) of A.K. CAPITAL FINANCE LTD. effective October 16, 2025. The suspension is due to the company fixing a record date for interest payment and redemption of its non-convertible debentures. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Debenture ISIN: INE197P07342 (Security Code: 975868)
  • Instrument: A.K. CAPITAL FINANCE LTD 9.35% debentures maturing November 1, 2025
  • Record date: October 16, 2025
  • Trading suspension effective: October 16, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice reference: DR-737/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard operational measure taken for corporate actions involving debt securities.

Compliance Requirements

  • Trading members must not execute trades in the specified debentures from October 16, 2025
  • Trading members should inform their clients holding these debentures about the suspension
  • Members must ensure compliance with the no-dealing restriction

Important Dates

  • October 13, 2025: Notice issued by BSE
  • October 16, 2025: Record date for interest payment and redemption
  • October 16, 2025: Trading suspension effective date
  • November 1, 2025: Debenture maturity date (as per security descriptor)

Impact Assessment

The impact is limited to holders of this specific debenture series (ISIN: INE197P07342). The suspension is temporary and procedural in nature, allowing the company to process redemption and interest payments to eligible holders. This is a routine corporate action with minimal broader market impact. Investors holding these debentures cannot trade them during the suspension period but will receive their redemption proceeds and interest payment as scheduled.

Impact Justification

Routine trading suspension for a single debenture series of a private company due to record date for redemption and interest payment. Limited market-wide impact.