Description

Trading in debentures of JM Financial Credit Solutions Limited (Scrip Code 974918) to resume from November 17, 2025, after partial redemption of 5,000 out of 10,000 debentures through buyback.

Summary

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

Key Points

  • Trading in JM Financial Credit Solutions Limited debentures (Scrip Code 974918) will resume from November 17, 2025
  • Partial redemption completed: 5,000 debentures out of 10,000 total redeemed through buyback
  • 5,000 debentures remain unredeemed and will be available for trading
  • Record date for the buyback was November 8, 2025
  • Notice reference: DR-757/2025-2026

Regulatory Changes

No regulatory changes. This is a resumption of trading following a corporate action (partial buyback redemption).

Compliance Requirements

  • Trading members must note the resumption of trading for Scrip Code 974918
  • Trading members should be aware that only 5,000 debentures remain outstanding after the partial redemption

Important Dates

  • November 6, 2025: Original exchange notice issued regarding record date
  • November 8, 2025: Record date for buyback redemption
  • November 14, 2025: Notice date for trading resumption announcement
  • November 17, 2025: Trading resumes in the debentures

Impact Assessment

Market Impact: Medium - The partial redemption reduces the outstanding debentures by 50%, which may affect liquidity in this instrument. The resumption allows remaining debenture holders to trade their securities.

Operational Impact: Trading members need to update their systems to reflect the reduced outstanding amount and prepare for trading resumption. The security will be available for trading after a suspension period related to the corporate action.

Investor Impact: Investors holding the unredeemed 5,000 debentures can resume trading, while those whose debentures were redeemed received their redemption proceeds.

Impact Justification

Affects trading of specific debt securities with partial redemption completed; impacts debenture holders and traders of this instrument but limited to one scrip