Description

Trading suspended in A.K. Capital Finance Ltd. debentures from October 16, 2025 due to record date for redemption and interest payment.

Summary

BSE has suspended trading in non-convertible debentures of A.K. Capital Finance Ltd. effective October 16, 2025. The suspension is 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 A.K. Capital Finance Ltd. debentures (ISIN: INE197P07342, Code: 975868)
  • Suspension effective from October 16, 2025
  • Purpose: Record date for redemption of debentures and interest payment
  • Debenture series: AKCFL-9.35%-1-11-25-PVT
  • Notice reference: DR-737/2025-2026
  • Trading members advised not to deal in these securities from suspension date

Regulatory Changes

No regulatory changes. This is a standard corporate action suspension procedure.

Compliance Requirements

  • Trading members must not execute trades in the specified debentures from October 16, 2025
  • Trading members should update their systems to reflect the trading suspension
  • Ensure clients are informed about the suspension

Important Dates

  • October 13, 2025: Circular issued
  • October 16, 2025: Record date for redemption and interest payment; Trading suspension begins

Impact Assessment

Market Impact: Limited impact as suspension affects only one specific debenture series of A.K. Capital Finance Ltd. The suspension is temporary and routine for corporate action processing.

Investor Impact: Debenture holders cannot trade these securities from October 16, 2025. Investors must hold their positions through the record date to be eligible for redemption proceeds and interest payment.

Operational Impact: Trading members need to block trades in ISIN INE197P07342 from the specified date. Standard corporate action processing applies for affected debenture holders.

Impact Justification

Temporary trading suspension affecting specific debenture holders for corporate action processing. Limited to single issuer and specific ISIN.