Description

Trading suspended in KFL-11%-20-12-2025-PVT debentures (INE104W07179) from December 5, 2025 due to redemption and interest payment.

Summary

BSE has announced the suspension of trading in non-convertible debentures of KANAKADURGA FINANCE LIMITED (scrip code 975942, ISIN INE104W07179) effective December 5, 2025. The suspension is implemented to facilitate the redemption of debentures and payment of interest on the record date. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Debenture series affected: KFL-11%-20-12-2025-PVT (INE104W07179)
  • Scrip code: 975942
  • Record date: December 5, 2025
  • No dealings permitted from: December 5, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice reference: DR-771/2025-2026

Regulatory Changes

No regulatory changes introduced. 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 5, 2025
  • Trading members are required to take note of the suspension and inform their clients accordingly
  • All pending orders for the affected debentures should be cancelled before the suspension date

Important Dates

  • November 25, 2025: Circular issued
  • December 5, 2025: Record date for interest payment and redemption
  • December 5, 2025: Trading suspension begins (no dealings permitted)
  • December 20, 2025: Expected redemption date (based on debenture series name)

Impact Assessment

Market Impact: Low - This is a routine corporate action affecting a single debenture series of a private finance company. The impact is limited to existing debenture holders.

Investor Impact: Medium for affected debenture holders - Investors holding these specific debentures will receive redemption proceeds and final interest payment on the record date. No trading opportunity available from December 5, 2025.

Operational Impact: Minimal - Standard suspension process for corporate actions. Trading members need to update their systems to block trading in the affected ISIN.

Impact Justification

Routine trading suspension for single debenture series redemption; affects specific debt security holders only, limited market-wide impact