Description

Trading suspended in two series of debentures of CHEMMANUR CREDITS AND INVESTMENTS LIMITED from October 16, 2025 for redemption and interest payment.

Summary

BSE has suspended trading in two series of non-convertible debentures issued by CHEMMANUR CREDITS AND INVESTMENTS LIMITED effective October 16, 2025. The suspension is to facilitate redemption of debentures and payment of interest with the record date set for October 16, 2025. Trading members are advised not to deal in these specified debentures.

Key Points

  • Two debenture series affected: CCIL-10.75%-1-11-25-NCD (ISIN: INE051307AN3, Code: 938938) and CCIL-ZC-1-11-25-NCD (ISIN: INE051307AI3, Code: 938946)
  • Trading suspension begins October 16, 2025
  • Record date for redemption and interest payment: October 16, 2025
  • Circular reference: DR-737/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Operations (CRD)

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must not deal in the specified debentures from October 16, 2025
  • Trading members must note the suspension and inform their clients accordingly
  • No transactions should be executed in ISIN INE051307AN3 and INE051307AI3 from the suspension date

Important Dates

  • October 13, 2025: Circular notification date
  • October 16, 2025: Record date for redemption and interest payment
  • October 16, 2025: Trading suspension effective date

Impact Assessment

Market Impact: Limited impact as this affects only two specific debenture series of one company. The suspension is temporary and for a routine corporate action (redemption and interest payment).

Operational Impact: Trading members holding or dealing in these debentures must halt trading activities. Investors holding these instruments will receive redemption proceeds and interest payments as per the terms.

Investor Impact: Debenture holders of record as of October 16, 2025 will receive their redemption amount and interest payment. The suspension prevents new transactions that could affect the record date determination.

Impact Justification

Routine trading suspension for debenture redemption affecting specific debt instruments only