Description

Trading suspended in debentures of AMBIUM FINSERVE LIMITED (AFL-10.50%-21-12-25) from December 5, 2025 due to record date fixed for redemption and interest payment.

Summary

BSE has suspended trading in the Non-Convertible Debentures (NCDs) of AMBIUM FINSERVE LIMITED (ISIN: INE0RU307130, Code: 976225) effective from December 5, 2025. The suspension is due to the company fixing December 6, 2025 as the record date for redemption of debentures and payment of interest on the AFL-10.50%-21-12-25 series.

Key Points

  • Trading suspension applies to debentures with ISIN INE0RU307130 (Code: 976225)
  • Debenture series: AFL-10.50%-21-12-25 (10.50% interest rate)
  • No dealings permitted from December 5, 2025 onwards
  • Record date set for December 6, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Circular reference: DR-771/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard operational suspension aligned with existing BSE procedures for corporate actions on debt securities.

Compliance Requirements

  • Trading Members: Must not execute any trades in the specified debentures from December 5, 2025
  • Brokers: Need to update their systems to block trading in ISIN INE0RU307130
  • Investors: Cannot buy or sell these debentures through the exchange after December 4, 2025
  • All market participants must ensure compliance with the no-dealing restriction

Important Dates

  • November 25, 2025: Circular issue date
  • December 5, 2025: Trading suspension effective date (no dealings from this date)
  • December 6, 2025: Record date for redemption and interest payment

Impact Assessment

Market Impact: Medium - The suspension affects liquidity for holders of this specific debenture series who will not be able to exit their positions through the exchange after December 4, 2025. However, this is a scheduled corporate action with advance notice.

Investor Impact: Debenture holders who wish to sell before redemption must do so by December 4, 2025. Those holding on record date will receive redemption proceeds and final interest payment.

Operational Impact: Trading members must update their systems and communicate the restriction to clients holding or interested in these debentures. The suspension is temporary and related to the redemption process, indicating these debentures are likely maturing.

Impact Justification

High severity due to complete trading suspension, but medium impact as it affects specific debenture holders of one company for a short duration related to scheduled redemption process.