Description

Trading suspended in two series of IIFL SAMASTA FINANCE LIMITED NCDs from December 5, 2025 due to upcoming redemption and interest payment with record date December 6, 2025.

Summary

BSE has suspended trading in two series of Non-Convertible Debentures (NCDs) issued by IIFL SAMASTA FINANCE LIMITED effective December 5, 2025. The suspension is due to the company fixing December 6, 2025 as the record date for redemption and interest payment purposes. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Two NCD series of IIFL SAMASTA FINANCE LIMITED affected by trading suspension
  • ISFL-9.21%-21-12-25-NCD (ISIN: INE413U07244, Code: 939046) - suspended for redemption and interest payment
  • ISFL-9.60%-21-12-25-NCD (ISIN: INE413U07228, Code: 939048) - suspended for redemption
  • Trading suspension effective from December 5, 2025
  • Record date for corporate action: December 6, 2025
  • Notice reference: DR-771/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard operational procedure for processing corporate actions on debt securities.

Compliance Requirements

  • Trading members must not deal in the specified debentures from December 5, 2025
  • Trading members are required to take note of the suspension and communicate to their clients holding these securities
  • No transactions should be executed in the affected NCD series during the suspension period

Important Dates

  • November 25, 2025: Notice issued by BSE
  • December 5, 2025: Trading suspension begins (no dealings from this date)
  • December 6, 2025: Record date for redemption and interest payment

Impact Assessment

Market Impact: Medium - The suspension affects only two specific NCD series of IIFL SAMASTA FINANCE LIMITED and is temporary in nature, related to corporate action processing.

Investor Impact: Holders of these debentures will not be able to trade during the suspension period. Investors on record as of December 6, 2025 will be eligible for redemption proceeds and interest payment as applicable.

Operational Impact: Trading members must ensure compliance with the suspension directive and prevent any inadvertent trades in these securities from December 5, 2025.

Impact Justification

Temporary trading suspension affecting specific NCD series of IIFL SAMASTA FINANCE LIMITED for corporate action processing. Impact limited to debenture holders of these specific series.