Description

Trading in debentures of MAS Financial Services Limited (ISIN: INE348L07191) suspended from November 21, 2025 due to record date for redemption and interest payment.

Summary

BSE has suspended trading in specific debentures of MAS Financial Services Limited effective November 21, 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 affected securities from the suspension date.

Key Points

  • Trading suspended for debentures with ISIN INE348L07191 (Scrip Code: 975719)
  • Debenture series: MFSL-8.55%-6-12-25-PVT
  • Record date: November 21, 2025
  • No dealings permitted from: November 21, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Circular reference: DR-761/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debt securities suspension.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from November 21, 2025
  • Members should inform their clients holding or interested in these securities about the trading suspension
  • No new positions should be created in the affected debenture series

Important Dates

  • November 17, 2025: Circular issued
  • November 21, 2025: Record date for redemption and interest payment
  • November 21, 2025: Trading suspension effective date

Impact Assessment

Market Impact: Limited to holders and traders of this specific debenture series. The suspension is temporary and related to a scheduled corporate action (redemption and interest payment).

Investor Impact: Debenture holders identified as of the record date will receive their redemption proceeds and final interest payment. No trading liquidity available from November 21, 2025.

Operational Impact: Trading members need to update their systems to block trades in this security and communicate the suspension to relevant clients.

Impact Justification

Trading suspension affects specific debenture holders and traders but is limited to one security series. Standard corporate action with defined timeline.