Description

Trading suspended in JM Financial Services Limited debentures (ISIN: INE012I07058) from November 4, 2025, for redemption and interest payment.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures of JM Financial Services Limited (Code: JMFSL-8.75%-20-11-25-PVT, ISIN: INE012I07058) effective November 4, 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 debentures from the specified date.

Key Points

  • Company: JM Financial Services Limited
  • Debenture Code: 975207
  • ISIN: INE012I07058
  • Series: JMFSL-8.75%-20-11-25-PVT
  • Record Date: November 4, 2025
  • No Dealings From: November 4, 2025
  • Purpose: Redemption of Debentures and Payment of Interest
  • Notice Reference: DR-749/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must not deal in the specified debentures from November 4, 2025
  • Trading members are required to take note of the suspension and ensure compliance
  • All trading activity in ISIN INE012I07058 must cease from the specified date

Important Dates

  • Notice Date: October 29, 2025
  • Record Date: November 4, 2025
  • Trading Suspension Date: November 4, 2025

Impact Assessment

The trading suspension affects holders of JM Financial Services Limited’s 8.75% debentures maturing on November 20, 2025. This is a standard procedure for debenture redemption and interest payment, ensuring proper settlement for eligible debenture holders as of the record date. Trading members holding positions in these debentures should prepare for redemption and final interest payment. The impact is limited to this specific debenture series and does not affect the company’s equity shares or other debt instruments.

Impact Justification

High severity due to complete trading suspension, but medium impact as it affects only specific debenture holders of one issuer for a defined corporate action.