Description

Trading suspended in five series of non-convertible debentures of SAMMAAN CAPITAL LIMITED from October 20, 2025 due to redemption and interest payment with record date October 20, 2025.

Summary

BSE has announced the suspension of trading in five series of non-convertible debentures issued by SAMMAAN CAPITAL LIMITED effective October 20, 2025. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • Five series of non-convertible debentures affected
  • Trading suspension effective from October 20, 2025
  • Record date set for October 20, 2025
  • Purpose: Redemption of debentures and payment of interest
  • All affected securities carry ISIN codes and BSE scrip codes
  • Notice reference: DR-739/2025-2026

Affected Securities

SAMMAAN CAPITAL LIMITED - Five Debenture Series:

  1. SCL-8.80%-03-11-25-NCD (ISIN: INE148I07MQ0, Code: 938240)
  2. SCL-9.3%-3-11-25-NCD (ISIN: INE148I07MR8, Code: 938242)
  3. SC-03-11-25-NCD (ISIN: INE148I07MT4, Code: 938244)
  4. SCL-03-11-25-NCD (ISIN: INE148I07MS6, Code: 938248)
  5. SCL-8.94%-03-11-25-NCD (ISIN: INE148I07MY4, Code: 938250)

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for debenture redemption and interest payment procedures.

Compliance Requirements

  • Trading members must not deal in the specified debentures from October 20, 2025
  • Trading members should take note of the suspension and communicate to relevant stakeholders
  • Adherence to record date provisions for determining eligible debenture holders

Important Dates

  • Notice Date: October 16, 2025
  • Record Date: October 20, 2025
  • No Dealings From: October 20, 2025
  • Purpose Date: Redemption and interest payment as per debenture terms (November 3, 2025 based on security naming)

Impact Assessment

Market Impact: Medium - affects debt market segment only, specifically investors and traders holding or dealing in SAMMAAN CAPITAL LIMITED debentures.

Operational Impact: Trading members need to update their systems to prevent trading in the five affected debenture series from October 20, 2025.

Investor Impact: Debenture holders will receive their redemption proceeds and final interest payment. No trading opportunity available from the suspension date, ensuring fair treatment of all holders as of record date.

Liquidity Impact: Temporary removal of five debt securities from trading, though impact is limited given these are redemption-stage securities with imminent maturity dates.

Impact Justification

Routine suspension for debenture redemption and interest payment affecting five debt securities series. Impact limited to debenture holders and debt market participants.