Description
Trading suspended in ECL Finance Limited debentures (ISIN: INE804I07H49) from December 8, 2025 due to scheduled redemption and interest payment with record date set for the same day.
Summary
BSE has announced the suspension of trading in specific Non-Convertible Debentures of ECL Finance Limited (Code: 953154, ISIN: INE804I07H49) 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 advised not to deal in these debentures from the specified date.
Key Points
- Company: ECL Finance Limited
- Security: ECL-9.81%-22-12-25-PVT (Non-Convertible Debentures)
- ISIN: INE804I07H49
- BSE Code: 953154
- Record Date: December 8, 2025
- No Dealings From: December 8, 2025
- Purpose: Redemption of Debentures and Payment of Interest
- Reference: DR-772/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard operational circular for debt securities approaching maturity.
Compliance Requirements
- Trading Members: Must not deal in the specified debentures of ECL Finance Limited from December 8, 2025
- Trading Members: Required to note the suspension and ensure compliance with no-dealing restriction
- Debenture Holders: Those holding the securities as of the record date (December 8, 2025) will be eligible for interest payment and redemption proceeds
Important Dates
| Date | Event |
|---|---|
| November 25, 2025 | Circular issued by BSE |
| December 8, 2025 | Record date for redemption and interest payment |
| December 8, 2025 | Trading suspension effective date |
Impact Assessment
Market Impact: Limited and specific to holders of this particular NCD series. The 9.81% coupon debentures maturing in December 2025 will cease trading to facilitate orderly redemption.
Investor Impact: Debenture holders as of the record date will receive their final interest payment and principal redemption. No further trading opportunity available from December 8, 2025.
Operational Impact: Trading members must update their systems to block trades in this specific ISIN and inform clients holding these securities about the upcoming redemption.
Impact Justification
Medium importance as it affects specific debenture holders of ECL Finance Limited with trading suspension for redemption purposes. Impact is limited to holders of this particular NCD series (9.81% maturing Dec 2025).