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 announces the resumption of trading in debentures of JM Financial Credit Solutions Limited (Scrip Code 974918) effective November 17, 2025. This follows the partial redemption of 5000 debentures out of 10000 outstanding debentures through a buyback at investor request, with the remaining 5000 debentures continuing to trade.

Key Points

  • Trading in JM Financial Credit Solutions Limited debentures (Scrip Code 974918) to resume from November 17, 2025
  • Partial redemption completed: 5000 debentures redeemed, 5000 debentures remain outstanding
  • Record date for buyback was November 8, 2025
  • Buyback was conducted at request of investors
  • Notice reference: DR-757/2025-2026

Regulatory Changes

No regulatory changes. This is a standard operational notice for resumption of trading following a corporate action.

Compliance Requirements

  • Trading members must note that the debentures will be available for trading from November 17, 2025
  • Trading members should update their systems to reflect the reduced outstanding debenture count (5000 remaining)

Important Dates

  • November 6, 2025: Original exchange notice (No. 20251106-7) regarding record date
  • November 8, 2025: Record date for partial redemption/buyback
  • November 14, 2025: Notice date for trading resumption
  • November 17, 2025: Trading resumption date (effective date)

Impact Assessment

Market Impact: Medium - The partial buyback reduces the outstanding debenture supply by 50%, which may impact liquidity. However, the resumption allows normal trading to continue for remaining debenture holders.

Operational Impact: Low to Medium - Trading members need to note the resumption date and update their records regarding the reduced number of outstanding debentures. The buyback was investor-initiated, indicating market demand for early redemption options.

Impact Justification

Affects trading of specific debenture scrip after partial buyback. Important for debenture holders and traders but limited to single security.