Description

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

Summary

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

Key Points

  • Two NCD series affected: CIFCL-8.40%-7-12-25-NCD (ISIN: INE121A07RJ8, Code: 939014) and CIFCL-ZC-7-1-2-25-NCD (ISIN: INE121A07RL4, Code: 939016)
  • Record date set for November 21, 2025
  • No dealings permitted from November 21, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice issued under DR-761/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from November 21, 2025
  • Trading members are required to take note of the suspension and inform their clients accordingly
  • All dealings in the mentioned NCDs must cease from the specified date

Important Dates

  • Notice Date: November 17, 2025
  • Record Date: November 21, 2025
  • No Dealings From: November 21, 2025

Impact Assessment

Market Impact: Limited to holders of these specific NCD series. The suspension affects only debt segment trading and does not impact equity shares of Cholamandalam Investment and Finance Company Ltd.

Investor Impact: Investors holding these debentures should note that trading will not be possible from November 21, 2025. Those eligible as per the record date will receive interest payment and redemption proceeds as per the debenture terms.

Operational Impact: Trading members need to update their systems to block trading in these two specific ISIN codes from November 21, 2025 onwards.

Impact Justification

Routine trading suspension for debenture redemption affecting specific debt securities only, not equity. Limited to two NCD series with clear timeline.