Description

Trading suspended in debentures of JM Financial Credit Solutions Limited from November 7, 2025 due to record date for partial redemption and interest payment.

Summary

BSE has suspended trading in specific debentures (ISIN: INE651J07952, Code: 974918) of JM Financial Credit Solutions Limited effective November 7, 2025. The suspension is to facilitate partial redemption due to investor buyback requests and interest payment processing, with a record date set for November 8, 2025.

Key Points

  • Trading Members are prohibited from dealing in the specified debentures from November 7, 2025
  • Record date for corporate action: November 8, 2025
  • Purpose: Partial redemption due to buyback at investor request and payment of interest
  • Affected debenture: JMFCSL 8.80% maturing December 19, 2025 (Private Placement)
  • ISIN: INE651J07952
  • BSE Code: 974918
  • Notice Reference: DR-751/2025-2026

Regulatory Changes

No regulatory changes. This is a standard operational suspension for corporate action processing.

Compliance Requirements

  • Trading Members must not execute any trades in the specified debentures from November 7, 2025
  • Trading Members are required to take note of the suspension and inform relevant clients holding these securities
  • No dealings permitted until further notice from the exchange

Important Dates

  • Notice Date: November 6, 2025
  • Trading Suspension Effective From: November 7, 2025
  • Record Date: November 8, 2025
  • Debenture Maturity Date: December 19, 2025

Impact Assessment

Market Impact: Low - affects only a specific privately placed debenture series of JM Financial Credit Solutions Limited. The suspension is temporary and related to routine corporate actions.

Investor Impact: Moderate for holders of this specific debenture series - no trading allowed during suspension period, but this facilitates timely processing of partial redemption and interest payment.

Operational Impact: Minimal - standard procedure for record date-based corporate actions in debt securities. Trading Members need to update their systems to block trades in this security.

Impact Justification

Routine trading suspension for specific debenture series affecting limited investor base; temporary measure for corporate action processing