Description
Trading suspended for SML 12.75% debentures (ISIN: INE982X07341) effective October 17, 2025 due to maturity on October 20, 2025.
Summary
BSE has announced the suspension of trading in debt securities of Shriram Multi-Purpose Cooperatives Limited (SML) effective October 17, 2025. The suspension applies to the company’s 12.75% debentures (Scrip Code: 974313, ISIN: INE982X07341) which are scheduled to mature on October 20, 2025. Trading members are advised not to deal in these debentures from the suspension date.
Key Points
- Trading suspension effective from October 17, 2025
- Applies to SML 12.75% debentures with Scrip Code 974313
- ISIN: INE982X07341
- Reason: Scheduled maturity of debt securities
- Maturity date: October 20, 2025
- Reference: DR-738/2025-2026
- Notice issued by Marian Dsouza, Assistant Vice President – Listing Operations (CRD)
Regulatory Changes
No regulatory changes introduced. This is a routine administrative action related to the natural maturity cycle of debt instruments.
Compliance Requirements
- Trading members must cease all dealing in the specified debentures from October 17, 2025
- No new transactions should be executed in these securities
- Members should update their systems to reflect the trading suspension
Important Dates
- October 16, 2025: Notice issued
- October 17, 2025: Trading suspension effective date
- October 20, 2025: Debenture maturity date
Impact Assessment
The impact is limited as this is a standard procedure for maturing debt securities. The suspension affects only one specific private debenture issue with limited trading activity. No broader market implications are expected. Debenture holders will receive their principal and final interest payments as per the maturity schedule.
Impact Justification
Routine trading suspension due to debenture maturity affecting a single private debt instrument with limited market impact