Description

Trading suspended in PCL-15%-8-5-29-UL-PVT debentures from October 24, 2025 due to record date for redemption and interest payment.

Summary

BSE has announced the suspension of trading in debentures (ISIN: INE0IID07579, Code: 976842) of PRACHAY CAPITAL LIMITED effective October 24, 2025. The suspension is implemented because the company has fixed the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these securities from the specified date.

Key Points

  • Trading suspension applies to PCL-15%-8-5-29-UL-PVT debentures (Code: 976842)
  • ISIN: INE0IID07579
  • No dealings permitted from October 24, 2025
  • Circular reference: DR-742/2025-2026
  • Notice issued by Assistant Vice President – Listing Operations (CRD)

Regulatory Changes

No regulatory changes announced. This is a standard operational measure for securities reaching record date.

Compliance Requirements

  • Trading members must not execute any deals in the specified debentures from October 24, 2025
  • All trading members are required to take note of this suspension and ensure compliance
  • Members must inform their clients holding or intending to trade these debentures

Important Dates

  • Notice Date: October 20, 2025
  • Record Date: October 24, 2025
  • No Dealings From: October 24, 2025

Impact Assessment

Market Impact: Low - This suspension affects only holders and potential traders of this specific private debenture issue. As a private placement instrument, the impact is limited to a small investor base.

Operational Impact: Low - Standard procedure for debenture redemption and interest payment. Trading members need to ensure their systems prevent trading in this security from the specified date.

Investor Impact: Medium for holders - Investors holding these debentures will receive their interest payment and redemption proceeds as per the terms. However, they cannot trade the securities from October 24, 2025 onwards.

Impact Justification

Routine trading suspension for a private debenture issue due to record date for redemption and interest payment. Limited market-wide impact as it affects only specific debt instrument holders.