Description

Trading suspended in INCRED FINANCIAL SERVICES LIMITED debentures (IFSL-NIFTY-5-12-25-PVT) from November 20, 2025, for redemption and interest payment purposes.

Summary

BSE has announced the suspension of trading in specific non-convertible debentures of INCRED FINANCIAL SERVICES LIMITED effective November 20, 2025. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Trading suspension applies to INCRED FINANCIAL SERVICES LIMITED debentures (ISIN: INE945W07423, Code: 974070)
  • Security name: IFSL-NIFTY-5-12-25-PVT
  • Record date fixed: November 20, 2025
  • Purpose: Redemption of debentures and payment of interest
  • No dealings permitted from: November 20, 2025
  • Notice reference: DR-760/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard administrative measure for corporate action processing.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from November 20, 2025
  • Trading members are required to take note of this suspension and inform their clients accordingly
  • All market participants must adhere to the no-dealing restriction for the specified security

Important Dates

  • Notice Date: November 17, 2025
  • Record Date: November 20, 2025
  • Trading Suspension Effective Date: November 20, 2025

Impact Assessment

Market Impact: Limited impact as the suspension affects only a specific debenture series of one issuer. Investors holding these debentures will not be able to trade them from the suspension date.

Operational Impact: Trading members need to update their systems and inform clients holding or interested in these debentures about the trading restriction. The suspension facilitates proper settlement of redemption proceeds and interest payments to eligible holders as per the record date.

Investor Impact: Debenture holders will be unable to exit their positions from November 20, 2025. However, eligible holders as of the record date will receive their redemption proceeds and interest payments as scheduled.

Impact Justification

Temporary trading suspension affecting specific debenture series for administrative purposes related to redemption and interest payment; limited to single issuer and specific security.