Description

Trading suspended in two series of non-convertible debentures of DAR CREDIT & CAPITAL LIMITED effective November 25, 2025 due to early redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in two series of non-convertible debentures (NCDs) issued by DAR CREDIT & CAPITAL LIMITED, effective November 25, 2025. The suspension is due to the company fixing a record date for early redemption of these debentures. Trading members are advised not to deal in the specified debentures from the effective date.

Key Points

  • Two NCD series of DAR CREDIT & CAPITAL LIMITED will be suspended from trading
  • ISIN INE04Q907066 (Code: 960472) - DCCL-12.25%-10-2-26-PVT series
  • ISIN INE04Q907082 (Code: 960473) - DCCL-NIFTY-10-2-26-PVT series
  • Record date for early redemption: November 25, 2025
  • No dealings permitted from November 25, 2025
  • Reference: DR-763/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for debenture suspension due to early redemption.

Compliance Requirements

  • Trading members must not deal in the specified debentures from November 25, 2025
  • All exchange members must take note of the suspension and ensure no trades are executed in these securities
  • Debenture holders should be aware that trading will cease before the record date

Important Dates

  • Notice Date: November 17, 2025
  • Record Date: November 25, 2025
  • No Dealings From: November 25, 2025

Impact Assessment

Market Impact: Low - affects only holders of two specific NCD series from a single issuer. No broader market implications.

Investor Impact: Medium for affected debenture holders - they will not be able to trade these securities from November 25, 2025, though early redemption provides an exit opportunity.

Operational Impact: Minimal - standard suspension procedure for corporate action. Trading members need to update their systems to block trades in these ISINs from the specified date.

Impact Justification

Routine suspension affecting only two specific NCD series of a single issuer for early redemption. Limited market-wide impact as it affects only specific debenture holders.