Description

Trading suspended for SBI Cards debentures (INE018E08227) from December 8, 2025 for redemption and interest payment with record date set for the same.

Summary

BSE has announced the suspension of trading in specific non-convertible debentures issued by SBI Cards and Payment Services Limited. The suspension is effective from December 8, 2025, coinciding with the record date set for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Company: SBI Cards and Payment Services Limited
  • Debenture Code: SCPSL-6%-22-12-25-PVT
  • ISIN: INE018E08227 (Code: 960346)
  • Record Date: December 8, 2025
  • No Dealings From: December 8, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice Number: DR-772/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debenture redemption.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from December 8, 2025
  • Trading members are required to take note of the suspension and ensure compliance
  • No dealings permitted in ISIN INE018E08227 from the suspension date

Important Dates

  • Notice Date: November 25, 2025
  • Record Date: December 8, 2025
  • Trading Suspension Date: December 8, 2025

Impact Assessment

Market Impact: Low - affects only holders of this specific debenture series. The suspension is temporary and related to a scheduled redemption event.

Operational Impact: Minimal - standard procedure for debenture redemption. Trading members need to update their systems to prevent trading in the specified security from December 8, 2025.

Investor Impact: Low - debenture holders will receive their principal redemption and interest payment as per the terms. The trading suspension is procedural to facilitate the redemption process.

Impact Justification

Routine debenture redemption suspension affecting single debt security with limited market impact; standard corporate action procedure