Description

Trading suspended in SATIN CREDITCARE NETWORK LIMITED debentures (INE836B07675) from November 26, 2025 due to redemption on exercise of PUT option and interest payment.

Summary

BSE has suspended trading in non-convertible debentures of SATIN CREDITCARE NETWORK LIMITED (ISIN: INE836B07675, Code: 974417) effective November 26, 2025. The suspension is due to the company fixing the record date for redemption on exercise of PUT option and payment of interest. Trading members are advised not to deal in these debentures from the suspension date.

Key Points

  • Debenture affected: SCNL-12.15%-12-12-27-PVT (INE836B07675)
  • BSE scrip 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
  • Circular reference: DR-764/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from November 26, 2025
  • Trading members should inform their clients about the suspension
  • No fresh positions should be created in these securities

Important Dates

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

Impact Assessment

Market Impact: Low - affects only one specific debenture series of SATIN CREDITCARE NETWORK LIMITED.

Investor Impact: Investors holding these debentures will be eligible for interest payment and can exercise their PUT option if the record date requirements are met. No trading activity will be possible during the suspension period.

Operational Impact: Trading members need to ensure their systems reflect the suspension and prevent any inadvertent trades in this security. The suspension is temporary and related to corporate action processing.

Impact Justification

Routine suspension for corporate action affecting single debenture series with limited market impact