Description

Trading suspended in SSFL debentures (INE572J07653) from December 3, 2025 for redemption and interest payment with record date set for December 3, 2025.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (ISIN: INE572J07653, Code: 975252) of SPANDANA SPHOORTY FINANCIAL LIMITED effective December 3, 2025. The suspension is due to the company fixing the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the suspension date.

Key Points

  • Debenture series: SSFL-10.11%-18-12-25-PVT (INE572J07653)
  • BSE Security Code: 975252
  • Record date: December 3, 2025
  • Purpose: Redemption of debentures and payment of interest
  • No dealings permitted from: December 3, 2025
  • Notice reference: DR-769/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action procedure for debenture redemption and interest payment.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from December 3, 2025
  • All market participants should note the suspension and adjust their trading systems accordingly
  • Debenture holders as on record date (December 3, 2025) will be eligible for interest payment and redemption proceeds

Important Dates

  • November 24, 2025: Circular issued
  • December 3, 2025: Record date fixed; trading suspension begins

Impact Assessment

Market Impact: Limited to holders and traders of this specific debenture series. The suspension is temporary and part of standard redemption procedures, so broader market impact is minimal.

Investor Impact: Debenture holders as on the record date will receive interest payment and redemption proceeds as per the terms. No trading opportunity will be available from the suspension date, so investors wishing to exit must do so before December 3, 2025.

Operational Impact: Trading members need to update their systems to block trading in this security code (975252) from December 3, 2025 onwards.

Impact Justification

Temporary trading suspension for specific debenture series affects debt market participants and debenture holders but is limited to single security and standard corporate action procedure