Description

Trading in JM Financial Products Limited debentures to resume from November 17, 2025 after partial redemption of 7,500 out of 25,000 debentures through buyback.

Summary

BSE has announced the resumption of trading in debentures of JM Financial Products Limited (Scrip Code 974922) effective November 17, 2025. This follows a partial redemption where 7,500 debentures out of total 25,000 were redeemed through buyback at investor request, leaving 17,500 debentures outstanding. The company had previously suspended trading with record date set as November 08, 2025.

Key Points

  • Trading in JM Financial Products Limited debentures (Scrip Code 974922) will resume from November 17, 2025
  • Partial redemption completed: 7,500 debentures redeemed out of 25,000 total
  • Outstanding debentures: 17,500 debentures remain unredeemed
  • Redemption method: Buyback at request of investors
  • Reference number: DR-757/2025-2026
  • Previous notice dated November 06, 2025 (Notice No. 20251106-6) announced the trading suspension

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action procedure following partial debenture redemption.

Compliance Requirements

  • Trading members must note the resumption of trading effective November 17, 2025
  • No additional compliance requirements specified for market participants

Important Dates

  • November 06, 2025: Initial exchange notice issued regarding trading suspension
  • November 08, 2025: Record date for partial redemption
  • November 14, 2025: Notice date for trading resumption announcement
  • November 17, 2025: Trading resumption effective date

Impact Assessment

Market Impact: Low - affects only debt segment trading in a specific scrip with limited market-wide implications.

Operational Impact: Minimal - routine resumption of trading following completion of corporate action. Trading members need to update their systems to reflect 17,500 outstanding debentures instead of original 25,000.

Investor Impact: Specific to debenture holders of JM Financial Products Limited. Investors who opted for buyback have exited their positions, while remaining 17,500 debentures can resume normal trading activities.

Impact Justification

Routine corporate action involving partial debenture redemption with limited market impact, affecting only specific debt instrument holders