Description
Trading suspended in EARLYSALARY SERVICES PRIVATE LIMITED debentures (ESPL-12.13%-XIRR-5-11-25-PVT) from October 20, 2025 due to record date set for redemption and interest payment on October 21, 2025.
Summary
BSE has announced the suspension of trading in debentures of EARLYSALARY SERVICES PRIVATE LIMITED effective October 20, 2025. The suspension is being implemented because the company has fixed October 21, 2025 as the 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 EARLYSALARY SERVICES PRIVATE LIMITED debentures (ISIN: INE01YL07276, Code: 975623)
- Debenture series: ESPL-12.13%-XIRR-5-11-25-PVT
- Record date set for October 21, 2025
- Purpose: Redemption of debentures and payment of interest
- Trading members prohibited from dealing in these debentures from October 20, 2025
- Notice issued under reference number DR-739/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notice for trading suspension ahead of a record date.
Compliance Requirements
- Trading members must not deal in the specified EARLYSALARY SERVICES PRIVATE LIMITED debentures from October 20, 2025
- Trading members must take note of the suspension and ensure compliance with the no-dealing restriction
- Members should update their systems to reflect the trading suspension
Important Dates
- October 16, 2025: Notice date and circular issuance
- October 20, 2025: Trading suspension begins (no dealings allowed from this date)
- October 21, 2025: Record date for redemption and interest payment
Impact Assessment
Market Impact: Low. This affects a single private company debenture series with limited trading activity. The suspension is temporary and related to a scheduled corporate action.
Investor Impact: Low to medium for debenture holders. Those holding the debentures will receive their redemption proceeds and interest payment. However, investors cannot trade these securities from October 20, 2025.
Operational Impact: Minimal. This is a routine suspension that trading members regularly handle as part of corporate action processing. Systems need to be updated to block trading in the specified ISIN.
Impact Justification
Routine trading suspension for a private company debenture ahead of redemption and interest payment. Limited market impact as it affects a single private debt security.