Description
Trading suspended in ARKA FINCAP LIMITED debentures (INE03W107280) from November 4, 2025, due to redemption on exercise of put option with record date set for November 4, 2025.
Summary
BSE has announced the suspension of trading in non-convertible debentures of ARKA FINCAP LIMITED (ISIN: INE03W107280, Code: 975937) effective November 4, 2025. The suspension is due to the company fixing the record date for redemption on exercise of put option. Trading members are advised not to deal in these debentures from the specified date.
Key Points
- Trading suspension applies to ARKA FINCAP LIMITED debenture series AFL-9.4%-19-2-27-PVT
- ISIN: INE03W107280
- Scrip Code: 975937
- No dealings permitted from November 4, 2025
- Purpose: Redemption on exercise of put option
- Circular Reference: DR-749/2025-2026
- Notice Number: 20251030-60
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification for debt securities involving put option exercise.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from November 4, 2025
- Trading members must inform their clients holding these debentures about the suspension
- All market participants must comply with the no-dealing restriction
Important Dates
- Notice Date: October 30, 2025
- Record Date: November 4, 2025
- Trading Suspension Effective Date: November 4, 2025
Impact Assessment
The trading suspension is specific to one series of non-convertible debentures of ARKA FINCAP LIMITED. Investors holding these debentures will not be able to trade them from November 4, 2025, as the company processes the redemption on exercise of put option. This is a standard corporate action with limited market-wide impact, affecting only holders of this particular debenture series. The put option exercise allows debenture holders to redeem their securities as per the terms of issuance.
Impact Justification
Trading suspension affects specific debenture holders of ARKA FINCAP LIMITED. Impact is limited to investors holding this particular NCD series (AFL-9.4%-19-2-27-PVT). High severity for affected holders but medium overall impact due to limited scope.