Description

Trading in JM Financial Credit Solutions Limited debentures (Scrip Code 974918) to resume from November 17, 2025 after partial redemption of 5000 out of 10000 debentures through buyback.

Summary

BSE has announced that trading in debentures of JM Financial Credit Solutions Limited (Scrip Code 974918) will resume from November 17, 2025. This follows the completion of a partial redemption where 5,000 out of 10,000 debentures were redeemed through buyback at investor request, while 5,000 debentures remain outstanding.

Key Points

  • JM Financial Credit Solutions Limited has completed partial redemption of its debentures (Scrip Code 974918)
  • 5,000 debentures out of total 10,000 have been redeemed through buyback
  • 5,000 debentures remain unredeemed and will continue trading
  • Record date for the partial redemption was November 08, 2025
  • Trading will resume with effect from November 17, 2025
  • Reference: DR-757/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a procedural notice for trading resumption following corporate action completion.

Compliance Requirements

  • Trading members must note that debentures with Scrip Code 974918 will be available for trading from November 17, 2025
  • No specific compliance actions required from market participants beyond awareness of trading resumption

Important Dates

  • November 06, 2025: Exchange notice regarding record date issued (Notice No. 20251106-7)
  • November 08, 2025: Record date for partial redemption due to buyback
  • November 14, 2025: Notice date for trading resumption announcement
  • November 17, 2025: Effective date for resumption of trading in debentures

Impact Assessment

Market Impact: Minimal. This affects only holders of specific debentures of JM Financial Credit Solutions Limited.

Operational Impact: Trading members need to be aware that these debentures will be available for trading again from November 17, 2025. The partial redemption reduces the outstanding debenture count from 10,000 to 5,000 units.

Investor Impact: Investors who held these debentures have had 50% of their holdings redeemed through the buyback process. Remaining debenture holders can resume trading activities from the specified date.

Impact Justification

Routine trading resumption notice affecting only specific debenture holders of JM Financial Credit Solutions Limited. Limited market-wide impact as it relates to partial redemption completion.