Description
Trading suspended in two series of non-convertible debentures of DAR Credit & Capital Limited effective November 25, 2025 due to early redemption.
Summary
BSE has suspended trading in two series of non-convertible debentures issued by DAR Credit & Capital Limited effective November 25, 2025. The suspension is due to the company fixing a record date for early redemption of these NCDs. Trading members are advised not to deal in these securities from the no-dealings date.
Key Points
- Two NCD series affected: DCCL-12.25%-10-2-26-PVT (ISIN: INE04Q907066) and DCCL-NIFTY-10-2-26-PVT (ISIN: INE04Q907082)
- Record date for early redemption: November 25, 2025
- No dealings permitted from: November 25, 2025
- Notice reference: DR-763/2025-2026
- Both securities are privately placed debentures
Regulatory Changes
No regulatory framework changes. This is a routine corporate action affecting specific debt securities.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from November 25, 2025
- Members should update their trading systems to reflect the suspension
- Ensure client communications regarding the suspension of these securities
Important Dates
- Notice Date: November 17, 2025
- Record Date: November 25, 2025
- No Dealings From: November 25, 2025
Impact Assessment
The impact is limited to holders of these two specific privately placed NCD series. Early redemption provides liquidity to debenture holders. Trading suspension is a standard procedure for corporate actions and affects only these particular debt instruments. No broader market impact expected.
Impact Justification
Affects only two specific privately placed NCD series of a single company with limited market impact