Description
Trading suspended in INCRED FINANCIAL SERVICES LIMITED debentures (IFSL-NIFTY-5-12-25-PVT) from November 20, 2025 due to redemption and interest payment with record date set for the same day.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of INCRED FINANCIAL SERVICES LIMITED effective November 20, 2025. The suspension is necessitated by the company fixing the 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
- Company: INCRED FINANCIAL SERVICES LIMITED
- Debenture Series: IFSL-NIFTY-5-12-25-PVT
- ISIN: INE945W07423
- Security Code: 974070
- Record Date: November 20, 2025
- No Dealings From: November 20, 2025
- Purpose: Redemption of Debentures and Payment of Interest
- Notice Reference: DR-760/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard operational suspension aligned with existing debenture redemption procedures.
Compliance Requirements
- Trading members must cease all dealing in the specified debentures from November 20, 2025
- Trading members should inform their clients holding or interested in these debentures about the suspension
- No buy or sell transactions should be executed for ISIN INE945W07423 (Security Code: 974070) from the specified date
Important Dates
| Date | Event |
|---|---|
| November 17, 2025 | Circular issued |
| November 20, 2025 | Record date for redemption and interest payment |
| November 20, 2025 | Trading suspension effective date |
Impact Assessment
Market Impact: Limited impact as this affects only a specific series of NCDs of INCRED FINANCIAL SERVICES LIMITED. The suspension is procedural and temporary, linked to the redemption process.
Investor Impact: Debenture holders on record as of November 20, 2025 will receive their redemption proceeds and final interest payment. Investors cannot trade these debentures from November 20, 2025 onwards.
Operational Impact: Trading members need to update their systems to block trading in this specific ISIN and inform relevant clients about the suspension and upcoming redemption.
Impact Justification
Trading suspension affects specific debenture holders and trading members dealing in INCRED FINANCIAL SERVICES LIMITED debt instruments. Impact is limited to this particular NCD series with imminent redemption date.