Description

Trading in debentures of Kogta Financial (India) Limited suspended from December 5, 2025 due to redemption and interest payment with record date of December 7, 2025.

Summary

BSE has announced the suspension of trading in non-convertible debentures (NCDs) of KOGTA FINANCIAL (INDIA) LIMITED effective December 5, 2025. The suspension is in connection with the company’s record date fixed for December 7, 2025, for the purpose of redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Trading suspension applies to ISIN INE192U07335 (Code: 974706) - KFIL 9.74% private placement debentures maturing December 23, 2025
  • No dealings permitted from December 5, 2025
  • Record date fixed as December 7, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Circular reference: DR-771/2025-2026

Regulatory Changes

No regulatory changes. This is a standard operational procedure for corporate actions related to debt securities.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from December 5, 2025
  • Trading members should inform their clients holding these debentures about the suspension
  • Ensure compliance with the trading halt to facilitate smooth corporate action processing

Important Dates

  • November 25, 2025: Circular issued
  • December 5, 2025: Trading suspension begins (no dealings from this date)
  • December 7, 2025: Record date for redemption and interest payment
  • December 23, 2025: Debenture maturity date (based on security description)

Impact Assessment

Market Impact: Minimal. This is a routine corporate action affecting a single privately placed NCD series. The suspension is temporary and directly related to the redemption process.

Investor Impact: Low to medium for specific debenture holders. Investors holding these NCDs will receive their redemption proceeds and final interest payment. The trading suspension is a standard procedure to determine eligible holders as of the record date.

Operational Impact: Routine operational matter for trading members. Standard procedure for debt market corporate actions requiring no special systems or process changes.

Impact Justification

Routine suspension for single NCD series redemption affecting limited market participants and specific debenture holders only