Description
Trading suspended for Shriram Finance Limited's 9.25% debenture (INE721A07RU2) from December 4, 2025, due to scheduled redemption and interest payment with record date set for the same day.
Summary
BSE has announced the suspension of trading in a specific non-convertible debenture (NCD) issued by Shriram Finance Limited. The debenture with ISIN INE721A07RU2 (Code: 975258) carrying a 9.25% coupon rate and maturing on December 19, 2025, will be suspended from trading effective December 4, 2025. The suspension is due to the company setting the record date for redemption of the debentures and payment of interest.
Key Points
- Trading suspension applies to Shriram Finance Limited’s NCD with ISIN INE721A07RU2
- Debenture details: SFL-9.25%-19-12-25-PVT (Code: 975258)
- Record date set for December 4, 2025
- No dealings permitted from December 4, 2025
- Purpose: Redemption of debentures and payment of interest
- Notice issued under reference DR-770/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard suspension notice issued as per existing BSE procedures for corporate actions involving debt securities.
Compliance Requirements
- Trading members must not execute any trades in the specified debenture from December 4, 2025
- Trading members are required to take note of the suspension and inform their clients holding or intending to trade in this debenture
- Debenture holders as of the record date (December 4, 2025) will be eligible for interest payment and redemption proceeds
Important Dates
- November 24, 2025: Notice issued by BSE
- December 4, 2025: Record date for redemption and interest payment; trading suspension becomes effective
- December 19, 2025: Debenture maturity date
Impact Assessment
Market Impact: Minimal. This is a routine corporate action affecting only a single debt security of Shriram Finance Limited. The suspension is temporary and specific to the redemption process.
Investor Impact: Low. Only holders of this specific debenture series are affected. Investors holding the debenture as of the record date will receive their principal redemption amount plus interest payment as scheduled. The suspension prevents any trading activity that could complicate the redemption process.
Operational Impact: Standard procedure requiring trading members to update their systems to block trading in the specified security code from December 4, 2025. No extraordinary operational measures required.
Impact Justification
Routine suspension for debenture redemption affecting only specific debt security holders; standard corporate action with no broader market implications