Description
Trading suspension for debt securities of JM Financial Asset Reconstruction Company Ltd and Hiren Wahen Buildtech Private Limited due to maturity.
Summary
BSE has issued a notice (DR-765/2025-2026) suspending trading in debt securities of two companies effective November 27, 2025, as these debentures are reaching their maturity dates. The suspension affects JM Financial Asset Reconstruction Company Ltd and Hiren Wahen Buildtech Private Limited.
Key Points
- Two debt securities will be suspended from trading effective November 27, 2025
- JM Financial ARC debenture (10.21% coupon) matures on November 28, 2025
- Hiren Wahen Buildtech debenture (19% coupon) matures on November 30, 2025
- Trading members are advised not to deal in these debentures from the suspension date
- Notice categorized under Corporate Actions in the Debt segment
Regulatory Changes
No regulatory changes. This is a standard corporate action procedure for debt securities approaching maturity.
Compliance Requirements
- Trading members must cease dealing in the specified debentures from November 27, 2025
- Members should update their systems to reflect the trading suspension
- No transactions should be executed in scrip codes 975132 (JMFARCL) and 975302 (HWBPL)
Important Dates
- November 26, 2025: Notice issued
- November 27, 2025: Trading suspension effective date
- November 28, 2025: Maturity date for JM Financial ARC debenture (ISIN: INE265J07555)
- November 30, 2025: Maturity date for Hiren Wahen Buildtech debenture (ISIN: INE0S1Q07019)
Impact Assessment
Minimal market impact. This is a routine corporate action affecting only two privately placed debt securities reaching their natural maturity. The suspension prevents any inadvertent trading in securities that are about to be redeemed. No impact on equity markets or broader debt market operations.
Impact Justification
Routine trading suspension affecting only two specific debt securities reaching maturity. Limited market impact as this is a standard corporate action procedure.