Description

Trading suspended in SATIN CREDITCARE NETWORK LIMITED debentures from November 26, 2025 due to record date for redemption on exercise of PUT option and interest payment.

Summary

BSE has suspended trading in debentures (ISIN: INE836B07675, Code: 974417) of SATIN CREDITCARE NETWORK LIMITED effective November 26, 2025. The suspension is due to the company fixing a record date for redemption on exercise of PUT option and interest payment.

Key Points

  • Debenture: SCNL-12.15%-12-12-27-PVT (INE836B07675)
  • BSE Code: 974417
  • Record Date: November 26, 2025
  • No dealings permitted from: November 26, 2025
  • Purpose: Redemption on exercise of PUT option and payment of interest
  • Notice Reference: DR-764/2025-2026

Regulatory Changes

No regulatory framework changes. Standard procedure for debenture trading suspension ahead of record date.

Compliance Requirements

  • Trading members must not deal in the specified debenture from November 26, 2025
  • Trading members are required to take note of this suspension notice
  • No buy or sell transactions permitted in SCNL debenture (Code: 974417)

Important Dates

  • November 21, 2025: Notice issued
  • November 26, 2025: Record date for PUT option redemption and interest payment
  • November 26, 2025: Trading suspension effective date

Impact Assessment

Market Impact: Limited to holders of this specific non-convertible debenture. Debenture holders have PUT option exercise opportunity for redemption along with interest payment entitlement.

Operational Impact: Trading members must ensure compliance systems block trading in specified debenture. Holders on record date will be eligible for interest payment and can exercise PUT option for early redemption.

Investor Impact: Only impacts investors holding or intending to trade this specific debenture instrument. Those on record will receive interest and redemption proceeds if PUT option exercised.

Impact Justification

Trading suspension affects specific debenture holders with PUT option exercise opportunity. Limited to single debt instrument, not equity trading.