Description

Trading suspended in two series of CIFCL debentures from November 21, 2025 due to redemption and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in two series of non-convertible debentures issued by Cholamandalam Investment and Finance Company Ltd effective November 21, 2025. The suspension is due to the company setting a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these specified debentures from the suspension date.

Key Points

  • Trading suspended for two NCD series of Cholamandalam Investment and Finance Company Ltd
  • First series: CIFCL-8.40%-7-12-25-NCD (ISIN: INE121A07RJ8, Code: 939014)
  • Second series: CIFCL-ZC-7-1-2-25-NCD (ISIN: INE121A07RL4, Code: 939016)
  • Both debentures will undergo redemption and interest payment
  • Trading members must cease dealings in these instruments from the no-dealings date
  • Notice issued under DR-761/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard procedural suspension for corporate action processing.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from November 21, 2025
  • Members should update their systems to prevent inadvertent trading in suspended instruments
  • Ensure client communications regarding the suspension for affected debenture holders

Important Dates

  • Notice Date: November 17, 2025
  • Record Date: November 21, 2025
  • No Dealings From: November 21, 2025
  • Purpose Date: Redemption and interest payment processing

Impact Assessment

Market Impact: Limited to holders of these specific debenture series. No impact on equity trading or other debt instruments of the company.

Investor Impact: Debenture holders will receive redemption proceeds and final interest payment. Investors cannot trade these securities from November 21, 2025 onwards.

Operational Impact: Trading members must ensure compliance systems are updated to prevent trading in suspended ISINs. Standard corporate action processing for debt securities with no unusual operational challenges expected.

Impact Justification

Routine suspension for debenture redemption affecting specific debt instruments; limited to debenture holders of two series only