Description
Trading suspended in Shriram Finance Limited's 9.25% debentures maturing December 19, 2025, from December 4, 2025, due to redemption and interest payment with record date on December 4, 2025.
Summary
BSE has announced the suspension of trading in a specific non-convertible debenture (NCD) of Shriram Finance Limited (ISIN: INE721A07RU2, Code: 975258) effective December 4, 2025. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from December 4, 2025.
Key Points
- Specific debenture affected: SFL-9.25%-19-12-25-PVT (ISIN: INE721A07RU2, BSE Code: 975258)
- Record date set for December 4, 2025
- Trading suspension effective from December 4, 2025
- Purpose: Redemption of debentures and payment of interest
- Notice reference: DR-770/2025-2026
- Notice date: November 24, 2025
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures of Shriram Finance Limited from December 4, 2025
- Trading members are required to take note of this suspension and comply with the no-dealing restriction
- Debenture holders should be aware of the record date for interest payment and redemption eligibility
Important Dates
- November 24, 2025: Notice issued by BSE
- December 4, 2025: Record date for redemption and interest payment; trading suspension begins
- December 19, 2025: Debenture maturity date (as per instrument code)
Impact Assessment
Market Impact: Limited to holders of this specific debenture series. The trading suspension is temporary and standard practice for debt instruments approaching redemption. No impact on equity shares or other securities of Shriram Finance Limited.
Investor Impact: Debenture holders on the record date (December 4, 2025) will be eligible for final interest payment and principal redemption. Secondary market liquidity for this instrument will cease from the suspension date.
Operational Impact: Trading members must update their systems to prevent any trades in the specified debenture from December 4, 2025, onwards.
Impact Justification
Standard trading suspension for debenture redemption affecting specific debt instrument; limited to debenture holders of this particular series