Description

BSE suspends trading in NIRMAL BANG SECURITIES PRIVATE LIMITED debentures (INE681R08091) from November 25, 2025 due to redemption with record date set for the same day.

Summary

BSE has issued a notice suspending trading in Non-Convertible Debentures of NIRMAL BANG SECURITIES PRIVATE LIMITED effective November 25, 2025. The suspension is due to the company fixing a record date for redemption of debentures with ISIN INE681R08091 and BSE code 975726. Trading members are advised not to deal in these securities from the suspension date.

Key Points

  • Company: NIRMAL BANG SECURITIES PRIVATE LIMITED
  • ISIN: INE681R08091
  • BSE Code: 975726
  • Security Type: Non-Convertible Debentures (10.50% dated 10-12-25)
  • Record Date: November 25, 2025
  • No Dealings From: November 25, 2025
  • Purpose: Redemption of Debentures
  • Notice Reference: DR-763/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must cease dealing in the specified debentures from November 25, 2025
  • No transactions should be executed in securities with ISIN INE681R08091 (BSE Code: 975726)
  • Trading members are required to take note of this suspension

Important Dates

  • Notice Date: November 17, 2025
  • Record Date: November 25, 2025
  • Trading Suspension Date: November 25, 2025

Impact Assessment

Market Impact: Low - This suspension affects only a single series of private placement debentures of NIRMAL BANG SECURITIES PRIVATE LIMITED. As these are privately placed debt securities with limited trading activity, the market impact is minimal.

Investor Impact: Limited to holders of the specific debenture series (INE681R08091) who will receive redemption proceeds as per the debenture terms. The 10.50% coupon rate debentures are reaching maturity/redemption.

Operational Impact: Trading members need to update their systems to prevent trading in these securities from November 25, 2025 onwards.

Impact Justification

Routine suspension notice for debenture redemption affecting a single private company's debt securities with limited market impact