Description

Trading suspended in AVANSE FINANCIAL SERVICES LIMITED debentures (ISIN: INE087P07394) from October 31, 2025 due to redemption and interest payment with record date November 2, 2025.

Summary

BSE has announced the suspension of trading in non-convertible debentures of AVANSE FINANCIAL SERVICES LIMITED (ISIN: INE087P07394, Code: 976017) effective October 31, 2025. The suspension is due to the company fixing a record date of November 2, 2025 for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the suspension date.

Key Points

  • Company: AVANSE FINANCIAL SERVICES LIMITED
  • Debenture Series: AFSL-3M TBILL+SPREAD-17-11-25
  • ISIN: INE087P07394
  • Scrip Code: 976017
  • Record Date: November 2, 2025
  • No Dealings From: October 31, 2025
  • Purpose: Redemption of Debentures and Payment of Interest
  • Notice Reference: DR-747/2025-2026
  • Notice Number: 20251028-62

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from October 31, 2025
  • Trading members must inform their clients about the trading suspension
  • All existing positions and obligations must be settled before the suspension date
  • Members should update their trading systems to block orders for the affected ISIN

Important Dates

  • October 28, 2025: Circular issued
  • October 31, 2025: Trading suspension begins (no dealings permitted)
  • November 2, 2025: Record date for redemption and interest payment

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. The suspension is temporary and procedural, related to the redemption process.

Investor Impact: Debenture holders as of the record date will receive interest payment and principal redemption. No trading opportunity available after October 30, 2025.

Operational Impact: Trading members need to update their systems and inform clients holding or intending to trade these debentures. The suspension ensures orderly processing of the corporate action without affecting market integrity.

Liquidity Impact: Trading liquidity for this instrument will cease from October 31, 2025, but this is expected as the debentures are being redeemed.

Impact Justification

Trading suspension affects debenture holders and trading members but is limited to a specific debt instrument of one company with a scheduled corporate action.