Description

Trading suspended in KLM AXIVA FINVEST LIMITED's 9.5% Non-Convertible Debentures from October 17, 2025 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of KLM AXIVA FINVEST LIMITED effective October 17, 2025. The suspension is due to the company fixing a record date for redemption of its 9.5% NCDs maturing on September 1, 2026. Trading members are advised not to deal in the specified debentures from the no-dealings date.

Key Points

  • Trading suspended for KLM AXIVA FINVEST LIMITED’s 9.5% NCDs (ISIN: INE01I507AN1, Code: 940523)
  • Record date for redemption: October 17, 2025
  • No dealings permitted from: October 17, 2025
  • Original maturity date of debentures: September 1, 2026
  • Notice number: DR-738/2025-2026
  • Issued by: Marian Dsouza, Assistant Vice President – Listing Operations (CRD)

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must not deal in the specified debentures of KLM AXIVA FINVEST LIMITED from October 17, 2025
  • All trading members are required to take note of the suspension and ensure compliance
  • Members should update their systems to reflect the trading suspension for ISIN INE01I507AN1

Important Dates

  • Notice Date: October 13, 2025
  • Record Date: October 17, 2025
  • No Dealings From: October 17, 2025
  • Original Debenture Maturity: September 1, 2026

Impact Assessment

The impact is limited to holders of KLM AXIVA FINVEST LIMITED’s 9.5% Non-Convertible Debentures. This is a standard corporate action where the company is redeeming its debt instruments. The suspension ensures that only eligible holders as of the record date receive redemption proceeds. There is no broader market impact as this affects only a single series of NCDs from one issuer. Debenture holders should expect redemption proceeds as per the terms of the instrument.

Impact Justification

Routine debenture redemption affecting specific debt instrument holders. Limited to single issuer and one series of NCDs. Standard corporate action with no broader market implications.