Description

Trading suspended for MMFSL debentures (INE774D07UQ7) from November 6, 2025 due to redemption and interest payment with record date on same day.

Summary

BSE has announced the suspension of trading in non-convertible debentures of MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED (ISIN: INE774D07UQ7, Code: 974373) effective November 6, 2025. The suspension is due to the company fixing the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • Debenture ISIN: INE774D07UQ7
  • BSE Security Code: 974373
  • Series: MMFSL-8.10%-21-11-25-PVT
  • Record Date: November 6, 2025
  • No dealings allowed from: November 6, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice Reference: DR-750/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action procedure for debenture redemption.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from November 6, 2025
  • Trading members are required to take note of the suspension and inform their clients accordingly
  • Compliance with the no-dealings restriction is mandatory

Important Dates

  • Notice Date: October 29, 2025
  • Record Date: November 6, 2025
  • Trading Suspension Date: November 6, 2025

Impact Assessment

This suspension affects holders and potential traders of the specific MMFSL debenture series (8.10% series maturing November 2025). The impact is limited to this particular instrument and does not affect other MMFSL securities or broader market operations. Debenture holders identified on the record date will receive their redemption proceeds and final interest payment. The suspension is a standard procedural measure to facilitate accurate identification of eligible debenture holders for redemption and interest distribution.

Impact Justification

Routine debenture redemption suspension affecting specific instrument holders; limited broader market impact but material for debenture holders