Description
Trading suspended in NUVAMA WEALTH FINANCE LIMITED debentures (INE918K07JY2) from November 7, 2025 due to redemption with record date set for the same day.
Summary
BSE has suspended trading in Non-Convertible Debentures (ISIN: INE918K07JY2, Code: 974859) of NUVAMA WEALTH FINANCE LIMITED effective November 7, 2025. The suspension is due to the company fixing the record date for redemption of these debentures. Trading members are advised not to deal in these debentures from the suspension date.
Key Points
- Company: NUVAMA WEALTH FINANCE LIMITED
- ISIN: INE918K07JY2
- Scrip Code: 974859
- Record Date: November 7, 2025
- Trading Suspension Date: November 7, 2025
- Purpose: Redemption of Non-Convertible Debentures
- Notice Number: 20251031-19 (DR-751/2025-2026)
Regulatory Changes
No regulatory framework changes. This is a standard corporate action procedure for debt instrument redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from November 7, 2025
- Trading members are required to take note of the suspension and inform their clients accordingly
- No fresh transactions should be executed in these debentures after the suspension date
Important Dates
| Date | Event |
|---|---|
| October 31, 2025 | Circular issued |
| November 7, 2025 | Record date for redemption |
| November 7, 2025 | Trading suspension effective |
Impact Assessment
Market Impact: Limited to holders of this specific debenture series. No broader debt market implications.
Investor Impact: Debenture holders whose names appear on the register as of the record date (November 7, 2025) will be eligible for redemption. Secondary market trading opportunity ceases from November 7, 2025.
Operational Impact: Trading members must update their systems to block trading in this security and ensure compliance with the suspension directive to avoid regulatory issues.
Impact Justification
High severity for holders of specific debenture series but limited broader market impact as it affects only one company's single debenture issue scheduled for redemption