Description

Trading suspended in JM Financial Credit Solutions Limited debentures (INE651J07952) from November 7, 2025 due to partial redemption and interest payment with record date of November 8, 2025.

Summary

BSE has suspended trading in the Non-Convertible Debentures (ISIN: INE651J07952, Scrip Code: 974918) of JM Financial Credit Solutions Limited effective November 7, 2025. The suspension is implemented ahead of the record date of November 8, 2025, which has been fixed for partial redemption due to buyback at investor request and payment of interest on the 8.80% debentures maturing December 19, 2025.

Key Points

  • Trading suspension applies to debentures with ISIN INE651J07952 (JMFCSL-8.80%-19-12-25-PVT)
  • Scrip code: 974918
  • No dealings permitted from November 7, 2025
  • Record date: November 8, 2025
  • Purpose: Partial redemption (buyback at investor request) and interest payment
  • Notice reference: DR-751/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice.

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
  • All pending orders or positions in these debentures should be settled before the suspension date

Important Dates

  • November 6, 2025: Circular issued
  • November 7, 2025: Trading suspension begins (no dealings permitted)
  • November 8, 2025: Record date for partial redemption and interest payment

Impact Assessment

The impact is limited to holders of this specific debenture series (JMFCSL-8.80%-19-12-25-PVT). The suspension is temporary and procedural, affecting only the debt segment. Trading members holding positions in these debentures need to ensure compliance with the no-dealings restriction. Investors seeking to exit positions must do so before November 7, 2025. The partial redemption indicates some debenture holders will receive principal repayment along with interest, reducing the outstanding issue size.

Impact Justification

Routine trading suspension for specific debenture series ahead of partial redemption and interest payment. Affects only holders of this particular debt instrument (INE651J07952) and not equity investors.