Description

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

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of SBI Cards and Payment Services Limited effective December 8, 2025. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are instructed not to deal in the specified debentures from the no-dealings date.

Key Points

  • 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 introduced. This is a standard corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must not deal in the specified debentures from December 8, 2025
  • Trading members are required to take note of the suspension
  • All trading activity in these debentures must cease from the specified date

Important Dates

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

Impact Assessment

Market Impact: Limited impact as this affects only a specific series of NCDs of SBI Cards and Payment Services Limited. The suspension is temporary and related to the normal redemption process.

Investor Impact: Debenture holders whose names appear on the record date (December 8, 2025) will be eligible for redemption proceeds and final interest payment. No trading will be possible from the suspension date.

Operational Impact: Trading members must ensure compliance with the no-dealings instruction and update their systems accordingly to prevent inadvertent trading in these debentures.

Impact Justification

Affects specific debenture holders of SBI Cards with trading suspension for redemption process. Limited to single debt instrument with defined maturity date.