Description
Trading suspended in SATIN CREDITCARE NETWORK LIMITED debentures (ISIN: INE836B07675) from November 26, 2025 due to redemption on exercise of PUT option and interest payment.
Summary
BSE has announced the suspension of trading in 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 on its 12.15% Non-Convertible Debentures maturing on December 12, 2027.
Key Points
- Company: SATIN CREDITCARE NETWORK LIMITED
- Security Type: Non-Convertible Debentures (12.15%, Maturity: 12-12-27, Private)
- ISIN: INE836B07675
- BSE Code: 974417
- Record Date: November 26, 2025
- No Dealings From: November 26, 2025
- Notice Number: DR-764/2025-2026
- Circular Date: November 21, 2025
Regulatory Changes
No regulatory framework changes. This is a standard corporate action notification.
Compliance Requirements
- Trading members must not deal in the specified debentures of SATIN CREDITCARE NETWORK LIMITED from November 26, 2025
- Trading members are required to take note of this suspension and ensure compliance
- All transactions must be halted for ISIN INE836B07675 (Code: 974417)
Important Dates
| Date | Event |
|---|---|
| November 21, 2025 | Circular issued |
| November 26, 2025 | Record date for redemption and interest payment |
| November 26, 2025 | Trading suspension effective date |
Impact Assessment
Market Impact: Medium - The suspension affects only specific debenture holders of SATIN CREDITCARE NETWORK LIMITED. Trading will be suspended to facilitate the corporate action of PUT option redemption and interest payment.
Investor Impact: Debenture holders with ISIN INE836B07675 will not be able to trade these securities from November 26, 2025. Those holding the debentures on the record date will be eligible for interest payment and can exercise their PUT option for redemption.
Operational Impact: Trading members must update their systems to block trading in these debentures from the specified date to ensure compliance with BSE requirements.
Impact Justification
High severity due to immediate trading suspension, but medium impact as it affects specific debenture holders only and is a standard corporate action procedure.