Description

Trading in debentures of KLM AXIVA FINVEST LTD (Scrip Code 940523) to resume from October 24, 2025 after clarification that record date was for interest payment, not redemption.

Summary

BSE has announced the resumption of trading in debentures of KLM AXIVA FINVEST LTD (Scrip Code 940523) effective October 24, 2025. This follows a clarification from the company that the record date of October 17, 2025, previously communicated for redemption purposes, was actually intended for interest payment and not debenture redemption.

Key Points

  • Trading in KLM AXIVA FINVEST LTD debentures (Scrip Code 940523) will resume from October 24, 2025
  • Previous notice dated October 13, 2025 (Notice No. 20251013-45) had indicated record date of October 17, 2025 for redemption
  • Company has now clarified that the record date was for payment of interest, not redemption of debentures
  • Company has requested resumption of trading following this clarification
  • Reference: DR-742/2025-2026

Regulatory Changes

No regulatory changes. This is an administrative correction to a previous corporate action notice.

Compliance Requirements

  • Trading members are requested to note that the debentures will be available for trading from October 24, 2025
  • No specific action required from trading members beyond awareness of the trading resumption

Important Dates

  • October 13, 2025: Original notice issued regarding record date for redemption
  • October 17, 2025: Record date (clarified as for interest payment, not redemption)
  • October 23, 2025: Circular date announcing resumption
  • October 24, 2025: Trading resumption date for Scrip Code 940523

Impact Assessment

Market Impact: Low - This is a routine trading resumption affecting a single company’s debentures. The clarification corrects an administrative misunderstanding about the purpose of the record date.

Operational Impact: Minimal - Trading members need only note the resumption date. The debentures remain outstanding and trading can proceed normally from October 24, 2025.

Investor Impact: Limited to debenture holders of KLM AXIVA FINVEST LTD who may have been concerned about redemption but now understand the record date was for interest payment purposes.

Impact Justification

Routine resumption of trading after administrative clarification regarding record date purpose. Limited to single company's debentures with no broader market implications.