Description
Trading suspended for SSFL 10.11% debentures (INE572J07653) from December 3, 2025 due to redemption and interest payment record date.
Summary
BSE has suspended trading in specific Non-Convertible Debentures (NCDs) of SPANDANA SPHOORTY FINANCIAL LIMITED effective December 3, 2025. The suspension is due to the company setting a record date for redemption of debentures and interest payment. Trading members are advised not to deal in the specified debentures from the suspension date.
Key Points
- Trading suspended for SSFL-10.11%-18-12-25-PVT debentures (ISIN: INE572J07653, Code: 975252)
- Suspension effective from December 3, 2025
- Purpose: Redemption of debentures and payment of interest
- Record date fixed as December 3, 2025
- Notice reference: DR-769/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notice for temporary trading suspension.
Compliance Requirements
- Trading members must not deal in the specified debentures from December 3, 2025
- Members should update their systems to prevent trading in the suspended security
- Debenture holders who wish to receive redemption proceeds and interest must hold securities by the record date
Important Dates
- Notice Date: November 24, 2025
- Record Date: December 3, 2025
- Trading Suspension Date: December 3, 2025 (no dealings from this date)
Impact Assessment
The impact is limited to holders and traders of this specific SPANDANA SPHOORTY FINANCIAL LIMITED debenture series. The suspension is temporary and procedural, required for processing the redemption and interest payment. Debenture holders will receive their redemption proceeds and interest as per schedule. Trading members need to ensure compliance with the no-dealing restriction to avoid operational issues.
Impact Justification
Impacts specific debenture holders and trading members dealing with SPANDANA SPHOORTY debentures. Limited to single security suspension for corporate action processing.