Description

Trading suspended in two series of non-convertible debentures of CREDITACCESS GRAMEEN LTD. from October 31, 2025 due to redemption and interest payment.

Summary

BSE has announced the suspension of trading in two series of non-convertible debentures (NCDs) issued by CREDITACCESS GRAMEEN LTD. effective October 31, 2025. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these specific debentures from the suspension date.

Key Points

  • Two series of NCDs of CREDITACCESS GRAMEEN LTD. will be suspended from trading
  • CAGL-9.6%-23-11-25-NCD (ISIN: INE741K07470, Code: 938274)
  • CAGL-23-11-25-NCD (ISIN: INE741K07488, Code: 938276)
  • Record date fixed: October 31, 2025
  • No dealings permitted from: October 31, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice reference: DR-747/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard procedural suspension for corporate action processing.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from October 31, 2025
  • Members should ensure compliance with the no-dealing restriction for both NCD series
  • Debenture holders as of record date (October 31, 2025) will be eligible for interest payment and redemption proceeds

Important Dates

  • Notice Date: October 27, 2025
  • Record Date: October 31, 2025
  • Suspension Effective Date: October 31, 2025

Impact Assessment

Market Impact: Medium - affects holders and potential traders of these specific debt securities. The suspension is temporary and procedural, facilitating the orderly redemption process.

Operational Impact: Limited to trading members dealing in these specific NCDs. Standard corporate action processing requiring system updates to prevent trades in suspended securities.

Investor Impact: Debenture holders will receive their redemption proceeds and final interest payment. No trading opportunity available from suspension date, but this is standard practice for redemption processing.

Impact Justification

Routine suspension for debenture redemption affecting specific debt securities. Limited impact as suspension is procedural for record date purposes.