Description

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

Summary

BSE has suspended trading in non-convertible debentures (ISIN: INE0IID07579, Code: 976842) of PRACHAY CAPITAL LIMITED effective October 24, 2025. The suspension is due to the company fixing a record date for payment of interest and redemption of debentures. Trading members are advised not to deal in these securities from the suspension date.

Key Points

  • Debenture series affected: PCL-15%-8-5-29-UL-PVT (INE0IID07579)
  • BSE scrip code: 976842
  • Record date: October 24, 2025
  • No dealings permitted from: October 24, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Circular reference: DR-742/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a routine corporate action notification.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from October 24, 2025
  • All market participants must note the suspension to avoid inadvertent trading attempts
  • Compliance with record date requirements for determining eligible holders for interest payment and redemption

Important Dates

  • October 20, 2025: Circular issue date
  • October 24, 2025: Record date and commencement of trading suspension

Impact Assessment

Market Impact: Minimal. This affects a single privately placed debenture series of PRACHAY CAPITAL LIMITED. The suspension is procedural and temporary, related to determining eligible holders for corporate action benefits.

Investor Impact: Debenture holders as of the record date will receive interest payment and redemption proceeds. No trading will be possible from October 24, 2025 onwards in this specific series.

Operational Impact: Trading members must update their systems to prevent trading in scrip code 976842 from the specified date.

Impact Justification

Routine suspension for a single privately placed debenture series of a specific company due to record date for redemption and interest payment. Limited market-wide impact as it affects only holders of this particular security.