Description
BSE suspends trading in debentures of INDEL MONEY LIMITED (INE0BUS07BH8) effective October 24, 2025 due to redemption record date.
Summary
BSE has suspended trading in non-convertible debentures (NCDs) of INDEL MONEY LIMITED (ISIN: INE0BUS07BH8, Code: 939891) effective October 24, 2025. The suspension is due to the company fixing a record date for redemption of these debentures. Trading members are instructed not to deal in these debentures from the specified date.
Key Points
- Company: INDEL MONEY LIMITED
- Security: Non-Convertible Debentures (IML-9-11-25-NCD)
- ISIN: INE0BUS07BH8
- BSE Code: 939891
- Record Date: October 24, 2025
- Purpose: Redemption of Debentures
- No Dealings From: October 24, 2025
- Notice Reference: DR-742/2025-2026
Regulatory Changes
No new regulatory changes. This is a standard administrative action for debenture redemption record date compliance.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures of INDEL MONEY LIMITED from October 24, 2025
- Members are required to take note of this suspension and ensure compliance
- The suspension applies specifically to debentures with ISIN INE0BUS07BH8
Important Dates
- October 20, 2025: Circular issued
- October 24, 2025: Record date for redemption; trading suspension effective from this date
Impact Assessment
Market Impact: Medium - affects only holders and traders of specific NCDs of INDEL MONEY LIMITED. No broader market implications.
Operational Impact: Trading members must update their systems to block trades in these debentures. Investors holding these debentures should be aware of the redemption process and trading restriction.
Investor Impact: Debenture holders whose names appear on the record date (October 24, 2025) will be eligible for redemption. Secondary market liquidity for these debentures ceases from the suspension date.
Impact Justification
Trading suspension impacts debenture holders and traders but is limited to specific NCDs of one company for redemption purposes