Description

Trading suspended in INDEL MONEY LIMITED debentures (INE0BUS07BH8) from October 24, 2025 due to redemption with record date set for October 24, 2025.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures 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 purposes. Trading members are explicitly directed not to deal in these debentures from the specified date.

Key Points

  • Debenture ISIN: INE0BUS07BH8
  • Company Code: 939891 (IML-9-11-25-NCD)
  • Record date for redemption: October 24, 2025
  • No dealings permitted from: October 24, 2025
  • Notice reference: DR-742/2025-2026
  • Issued by: Marian Dsouza, Assistant Vice President – Listing Operations (CRD)

Regulatory Changes

No regulatory framework changes. This is a standard operational notice for debenture redemption procedures requiring trading suspension to establish record date entitlements.

Compliance Requirements

  • Trading members must immediately cease all trading activities in the specified debentures from October 24, 2025
  • No buy or sell orders should be executed for debenture code 939891 (INE0BUS07BH8)
  • Members must ensure their systems and processes reflect the trading suspension
  • Compliance is mandatory for all exchange members

Important Dates

  • Notice Date: October 20, 2025
  • Record Date: October 24, 2025
  • Trading Suspension Effective Date: October 24, 2025
  • Purpose: Redemption of Non-Convertible Debentures

Impact Assessment

Market Impact: High - Complete trading halt affects liquidity and investor ability to exit positions before redemption.

Investor Impact: Debenture holders as of the record date (October 24, 2025) will be eligible for redemption proceeds. Investors unable to trade after this date must wait for redemption completion.

Operational Impact: Trading members must update systems to block trades in these securities and communicate the suspension to clients holding or interested in these debentures.

Financial Impact: Holders will receive redemption proceeds as per debenture terms; no secondary market exit available post-suspension date.

Impact Justification

Complete suspension of trading in specific debentures with immediate effect, directly impacting investors holding these securities and requiring mandatory compliance by trading members.