Description

ECL Finance Limited has set a record date of November 4, 2025 for redemption and interest payment on its 10.75% debentures maturing November 19, 2025. Trading in these debentures is suspended from November 4, 2025.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of ECL Finance Limited (ISIN: INE804I073Z6, Code: 958411) effective November 4, 2025. The suspension is due to the company setting a record date for redemption of debentures and payment of interest on its 10.75% debentures maturing November 19, 2025.

Key Points

  • Trading Members are advised not to deal in the specified debentures from November 4, 2025
  • The debentures carry a coupon rate of 10.75% and mature on November 19, 2025
  • The suspension applies to debentures with ISIN INE804I073Z6 (BSE Code: 958411)
  • This is a standard corporate action for debt securities approaching maturity
  • Notice issued under reference DR-749/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading Members must cease dealing in the specified ECL Finance Limited debentures from November 4, 2025
  • Members are required to note the record date and suspension date for operational compliance
  • No transactions should be executed in these securities from the no-dealings date

Important Dates

  • Notice Date: October 29, 2025
  • Record Date: November 4, 2025
  • No Dealings From: November 4, 2025
  • Debenture Maturity Date: November 19, 2025

Impact Assessment

Market Impact: Medium - Limited to holders and traders of this specific debenture series. The suspension is temporary and relates to the final redemption process.

Operational Impact: Medium - Trading Members need to update their systems to block trading in these debentures from November 4, 2025. Investors holding these securities will receive their principal redemption amount plus final interest payment as per the redemption schedule.

Investor Impact: Investors holding these debentures should note that no trading will be possible from the record date, and they can expect redemption proceeds and interest payment shortly after the maturity date of November 19, 2025.

Impact Justification

Affects trading in specific debentures of ECL Finance Limited with a short suspension period. Impact limited to holders of these particular debt securities.