Description

Trading suspended for INDUSIND SECURITIES LIMITED debenture (INE923I07171) from October 23, 2025 due to redemption on exercise of put option with record date set for October 23, 2025.

Summary

BSE has announced the suspension of trading in a Non-Convertible Debenture (NCD) issued by INDUSIND SECURITIES LIMITED (ISIN: INE923I07171, Code: 973204) effective October 23, 2025. The suspension is due to the company fixing a record date for redemption of debentures on exercise of put option. Trading members are advised not to deal in this debenture from October 23, 2025.

Key Points

  • Debenture: ISL-Nifty-29-5-26-PVT (INE923I07171)
  • Debenture Code: 973204
  • Record Date: October 23, 2025
  • Purpose: Redemption of Debentures on Exercise of Put Option
  • No Dealings From: October 23, 2025
  • Notice Reference: DR-741/2025-2026
  • Issued by: Marian Dsouza, Assistant Vice President – Listing Operations (CRD)

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for debenture redemption.

Compliance Requirements

  • Trading Members must cease all trading activity in the specified debenture (INE923I07171) from October 23, 2025
  • Trading Members are required to take note of the suspension and ensure compliance
  • No dealings are permitted in this security from the specified date

Important Dates

  • October 17, 2025: Notice issued
  • October 23, 2025: Record Date for redemption and commencement of trading suspension

Impact Assessment

The suspension affects holders and potential traders of the specific INDUSIND SECURITIES LIMITED debenture. Investors holding this NCD with put option rights should be aware that trading will cease from the record date. The impact is limited to this particular debt security and does not affect other securities of the company. Debenture holders exercising the put option will have their securities redeemed as per the terms and conditions of the issuance.

Impact Justification

Trading suspension impacts debenture holders and market participants dealing in this specific NCD. Limited to single security with specific redemption action.