Description
Trading in debentures (Scrip Code 974918) to resume from November 17, 2025 after partial redemption of 5,000 out of 10,000 debentures through buyback.
Summary
BSE announces the resumption of trading in debentures of JM Financial Credit Solutions Limited (Scrip Code 974918) effective November 17, 2025. This follows a partial redemption where 5,000 out of 10,000 debentures were redeemed through buyback at investor request, with the remaining 5,000 debentures continuing to trade. The record date for the partial redemption was November 08, 2025.
Key Points
- Trading in debentures (Scrip Code 974918) will resume on November 17, 2025
- 5,000 debentures out of total 10,000 have been redeemed through buyback
- 5,000 debentures remain outstanding and will continue trading
- Partial redemption was executed at the request of investors
- Company formally requested BSE to resume trading in the debentures
Regulatory Changes
No regulatory changes introduced. This is a standard operational notice regarding trading resumption post-corporate action.
Compliance Requirements
- Trading members should note the resumption of trading from November 17, 2025
- Normal trading procedures apply to the remaining 5,000 debentures
- Reference number: DR-757/2025-2026
Important Dates
- November 06, 2025: Original exchange notice issued
- November 08, 2025: Record date for partial redemption
- November 14, 2025: Notice date for trading resumption announcement
- November 17, 2025: Trading resumes in debentures (Scrip Code 974918)
Impact Assessment
Market Impact: Minimal. This affects only a single debenture scrip with 50% of the issuance redeemed. Trading resumption allows liquidity for the remaining 5,000 debentures.
Operational Impact: Trading members can resume normal trading operations for this scrip. Investors holding the remaining debentures will have access to secondary market liquidity.
Issuer Impact: JM Financial Credit Solutions Limited has successfully completed a partial buyback, reducing debt obligations by 50% for this issuance while maintaining market access for remaining debenture holders.
Impact Justification
Routine trading resumption after partial debenture redemption affecting a single scrip with limited market-wide impact