Description

Trading suspended in MAS Financial Services Limited debentures (INE348L07191) from November 21, 2025 due to redemption and interest payment.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of MAS Financial Services Limited (ISIN: INE348L07191, Code: 975719) effective November 21, 2025. The suspension is imposed due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • Trading suspension applies to specific NCD series: MFSL-8.55%-6-12-25-PVT
  • ISIN: INE348L07191
  • BSE Code: 975719
  • Record date fixed: November 21, 2025
  • No dealings permitted from: November 21, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice reference: DR-761/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for debenture redemption and interest payment.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from November 21, 2025
  • Trading members must inform their clients holding these debentures about the trading suspension
  • Members should update their systems to block trading in ISIN INE348L07191

Important Dates

  • November 17, 2025: Circular issued by BSE
  • November 21, 2025: Record date for redemption and interest payment; trading suspension effective from this date

Impact Assessment

Market Impact: Low - affects only holders of this specific debenture series of MAS Financial Services Limited. The suspension is temporary and related to corporate action processing.

Operational Impact: Minimal - routine procedure for debt securities reaching maturity. Trading members need to ensure compliance systems prevent trades in the affected security.

Investor Impact: Limited to debenture holders of this specific series who will receive their redemption proceeds and final interest payment as per the terms of issuance.

Impact Justification

Routine trading suspension for single debenture series redemption affecting only specific debt security holders, not equity investors