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 November 8, 2025.

Summary

BSE has suspended trading in specific debentures of JM Financial Credit Solutions Limited effective November 7, 2025. The suspension is due to the company setting a record date of November 8, 2025 for partial redemption (buyback at investor request) and interest payment on its 8.80% Non-Convertible Debentures maturing December 19, 2025.

Key Points

  • Trading suspended for debentures with ISIN INE651J07952 (Code: 974918)
  • Suspension effective from November 7, 2025
  • Record date set for November 8, 2025
  • Debenture series: JMFCSL 8.80% maturing 19-12-2025 (Private)
  • Purpose: Partial redemption due to buyback at investor request and interest payment
  • Trading members advised not to deal in these debentures

Regulatory Changes

No regulatory changes announced. This is a standard corporate action procedure requiring trading suspension to establish record date for payment processing.

Compliance Requirements

  • Trading members must not execute any deals in the specified debentures from November 7, 2025
  • Trading members must inform their clients holding these debentures about the suspension
  • Ensure proper settlement of existing trades before suspension date

Important Dates

  • November 6, 2025: Notice issued (Notice No. 20251106-7, Ref: DR-751/2025-2026)
  • November 7, 2025: Trading suspension begins (no dealings from this date)
  • November 8, 2025: Record date for partial redemption and interest payment
  • December 19, 2025: Original maturity date of debentures

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. The suspension prevents secondary market trading temporarily but ensures orderly processing of the corporate action.

Investor Impact: Debenture holders whose names appear on the record date will receive partial redemption proceeds and interest payment. Those seeking liquidity cannot trade during suspension period.

Operational Impact: Trading members need to update their systems to block trading in this security and communicate with affected clients. Standard corporate action processing will apply for eligible debenture holders.

Impact Justification

High severity due to trading suspension but medium impact as it affects only specific debenture holders and is temporary for corporate action processing