Description

Trading suspended for EARLYSALARY SERVICES PRIVATE LIMITED debenture (INE01YL07276) from October 20, 2025 due to upcoming redemption and interest payment with record date October 21, 2025.

Summary

BSE has announced the suspension of trading in a specific non-convertible debenture series of EARLYSALARY SERVICES PRIVATE LIMITED (INE01YL07276) effective October 20, 2025. The suspension is implemented in connection with the company’s record date of October 21, 2025, set for the purpose of debenture redemption and interest payment. Trading members are advised not to deal in this debenture series during the suspension period.

Key Points

  • Debenture affected: EARLYSALARY SERVICES PRIVATE LIMITED (Code: ESPL-12.13%-XIRR-5-11-25-PVT)
  • ISIN: INE01YL07276 (Code: 975623)
  • Record date established: October 21, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Trading suspension effective from: October 20, 2025
  • Notice reference: DR-739/2025-2026
  • Circular issued by: Marian Dsouza, Assistant Vice President – Listing Operations (CRD)

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action procedure where trading is suspended ahead of a record date to facilitate proper settlement and identification of eligible debenture holders for redemption and interest payment.

Compliance Requirements

  • Trading members must not deal in the specified debenture (INE01YL07276) from October 20, 2025
  • Trading members are required to take note of the suspension and ensure no transactions are executed in this security
  • Members must inform their clients holding this debenture about the suspension and upcoming redemption/interest payment

Important Dates

  • October 16, 2025: Circular issued by BSE
  • October 20, 2025: No dealings/trading suspension begins
  • October 21, 2025: Record date for redemption and interest payment eligibility

Impact Assessment

Market Impact: Low to medium. The suspension affects only one specific debenture series of a private limited company, limiting the broader market impact. Debenture holders will need to hold their positions through the record date to be eligible for redemption proceeds and interest payment.

Investor Impact: Medium for affected debenture holders. Investors holding this specific debenture will be unable to trade it from October 20, 2025. Those holding on the record date (October 21, 2025) will receive redemption proceeds and accrued interest.

Operational Impact: Routine procedural impact on trading members who must ensure compliance with the trading suspension and update their systems accordingly to prevent inadvertent transactions in the affected security.

Impact Justification

Routine trading suspension for specific debenture series ahead of redemption and interest payment. Limited to single private company debt instrument with defined timeline.