Description

Trading suspended in INCRED FINANCIAL SERVICES LIMITED debentures (INE321N07327) from November 27, 2025 due to scheduled redemption and interest payment with record date set for the same day.

Summary

BSE has suspended trading in specific non-convertible debentures (NCDs) of INCRED FINANCIAL SERVICES LIMITED effective November 27, 2025. The suspension is implemented due to the company setting a 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

  • Trading suspended for debentures with ISIN INE321N07327 (Code: 975081)
  • Debenture series: IFSL-9.50%-12-12-25-PVT (9.50% coupon rate)
  • Record date set for November 27, 2025
  • No dealings permitted from November 27, 2025 onwards
  • Notice reference: DR-765/2025-2026
  • Purpose: Redemption of debentures and payment of interest

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for suspension of trading due to scheduled debenture redemption.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from November 27, 2025
  • Members should note the record date and ensure no transactions are executed in these securities
  • Proper communication to clients holding or intending to trade these debentures is required

Important Dates

  • Notice Date: November 21, 2025
  • Record Date: November 27, 2025
  • Trading Suspension Date: November 27, 2025
  • Maturity Date: December 12, 2025 (as per debenture series name)

Impact Assessment

Market Impact: Limited to holders and potential traders of this specific debenture series. The suspension is temporary and tied to the scheduled redemption process.

Investor Impact: Debenture holders will receive their redemption proceeds and final interest payment based on holdings as of the record date. No trading liquidity available from suspension date until completion of redemption.

Operational Impact: Trading members need to update their systems to block trading in these securities and inform affected clients about the suspension and upcoming redemption.

Impact Justification

High severity for debenture holders due to trading suspension, but medium overall impact as it affects specific debt securities only and is a standard corporate action for scheduled redemption