Description

BSE suspends trading of debt securities (ISIN: INE15S307015) of Aethon Developers Private Limited effective October 20, 2025 due to restructuring.

Summary

BSE has announced the suspension of trading for debt securities of Aethon Developers Private Limited (Scrip Code: 976099, ISIN: INE15S307015) effective Monday, October 20, 2025. This action follows a previous notice dated August 6, 2025, and is being taken due to ongoing restructuring of the company’s debt obligations.

Key Points

  • Trading suspension effective from October 20, 2025
  • Scrip Code affected: 976099
  • ISIN affected: INE15S307015
  • Reason: Debt restructuring
  • Continuation of notice number 20250806-13 dated August 6, 2025
  • Trading members and investors cannot trade these securities during suspension period

Regulatory Changes

No new regulatory framework changes. This is an enforcement action under existing BSE rules for handling debt securities undergoing restructuring.

Compliance Requirements

  • Trading members must note the suspension and cease all trading activities in the specified scrip
  • Trading members should inform their clients holding these securities about the suspension
  • For queries, trading members should contact BSE Debt Listing officials:

Important Dates

  • Notice Date: October 15, 2025
  • Trading Suspension Effective Date: October 20, 2025 (Monday)
  • Previous Related Notice: August 6, 2025 (Notice number 20250806-13)

Impact Assessment

Market Impact: High - Investors holding these debt securities will face liquidity constraints as they cannot exit their positions through the exchange. The suspension indicates financial distress at Aethon Developers Private Limited.

Investor Impact: High - Debt holders face uncertainty regarding repayment terms and timelines during the restructuring process. The inability to trade creates portfolio management challenges.

Operational Impact: Trading members must update their systems to block trades in the suspended scrip and communicate with affected clients regarding their holdings and the restructuring process.

Impact Justification

Trading suspension of debt securities affects investors' ability to exit positions and indicates financial distress requiring restructuring