Description

Trading suspended in LMPL debentures (INE366T07170) effective November 27, 2025 due to redemption and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of Light Microfinance Private Limited effective November 27, 2025. The suspension is 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 debenture series from the suspension date.

Key Points

  • Company: Light Microfinance Private Limited
  • Debenture ISIN: INE366T07170 (Code: 974421)
  • Debenture Series: LMPL-13.79%-12-12-25-PVT
  • Record Date: November 27, 2025
  • No Dealings From: November 27, 2025
  • Purpose: Redemption of Debentures and Payment of Interest
  • Circular Reference: DR-765/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard operational procedure for debenture redemption.

Compliance Requirements

  • Trading members must not execute any deals in the specified debenture (INE366T07170) from November 27, 2025
  • Trading members are required to take note of this suspension and inform their clients accordingly
  • All trading activity in this debenture series must cease from the specified date

Important Dates

  • November 21, 2025: Circular issued
  • November 27, 2025: Record date for redemption and interest payment
  • November 27, 2025: Trading suspension effective date

Impact Assessment

The impact is limited to holders of this specific NCD series (LMPL-13.79%-12-12-25-PVT). The trading suspension is a standard procedure before debenture redemption and ensures orderly settlement. Debenture holders will receive their principal redemption amount and final interest payment as per the record date. No trading is permitted from November 27, 2025, which prevents any confusion regarding entitlement to redemption proceeds. This is a routine corporate action with minimal broader market impact.

Impact Justification

Routine debenture redemption procedure affecting specific debt instrument holders. Limited to single NCD series with no broader market implications.