Description

Trading to resume in PRACHAY CAPITAL LIMITED debentures from November 13, 2025, as put option was not exercised by debenture holders.

Summary

BSE has announced the resumption of trading in three series of debentures issued by PRACHAY CAPITAL LIMITED (Scrip Codes: 976842, 976849, and 976850) effective from November 13, 2025. The trading resumption follows the expiry of put option periods during which debenture holders did not exercise their early redemption rights.

Key Points

  • Trading will resume from November 13, 2025 for all three debenture series
  • Put options were not exercised by debenture holders for any of the three series
  • Previous record dates were set for October 24, 2025, September 19, 2025, and October 9, 2025
  • The record dates were for payment of interest and early redemption on exercise of put option
  • Notice reference: DR-755/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a procedural notice regarding resumption of normal trading activities.

Compliance Requirements

  • Trading members should note that debentures with Scrip Codes 976842, 976849, and 976850 will be available for trading from November 13, 2025
  • No specific compliance actions required beyond normal trading procedures

Important Dates

  • November 13, 2025: Trading resumes in all three debenture series
  • Previous Record Dates:
    • October 24, 2025 (for one series)
    • September 19, 2025 (for one series)
    • October 9, 2025 (for one series)

Impact Assessment

This notice has minimal market impact as it affects only the debt segment and three specific debenture series of PRACHAY CAPITAL LIMITED. The resumption of trading is routine following the expiry of put option periods. Since debenture holders did not exercise their early redemption rights, the debentures will continue to trade normally. This indicates continued investor confidence in holding the instruments to maturity rather than seeking early redemption.

Impact Justification

Routine resumption of trading in debentures after put option period expired without exercise. Limited market impact affecting only specific debt instruments of one company.