Description

Trading suspended for debt securities of JM Financial Asset Reconstruction Company Ltd and Hiren Wahen Buildtech Private Limited due to upcoming maturity dates.

Summary

BSE has announced the suspension of trading in debt securities of two companies - JM Financial Asset Reconstruction Company Ltd and Hiren Wahen Buildtech Private Limited - due to their upcoming maturity dates. Trading members are advised not to deal in these debentures effective November 27, 2025.

Key Points

  • Two debt securities will mature and trading will be suspended
  • JM Financial Asset Reconstruction Company Ltd: ISIN INE265J07555 (10.21% debenture maturing November 28, 2025)
  • Hiren Wahen Buildtech Private Limited: ISIN INE0S1Q07019 (19% debenture maturing November 30, 2025)
  • Trading suspension effective from November 27, 2025
  • Notice issued under reference DR-765/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard operational notice for debt security maturity.

Compliance Requirements

  • Trading members must not deal in the specified debentures from November 27, 2025
  • Trading members should update their systems to reflect the suspension
  • All pending orders for these securities should be handled appropriately before the suspension date

Important Dates

  • November 26, 2025: Notice date
  • November 27, 2025: Trading suspension effective date
  • November 28, 2025: Maturity date for JM Financial ARC debenture (Scrip Code 975132)
  • November 30, 2025: Maturity date for Hiren Wahen Buildtech debenture (Scrip Code 975302)

Impact Assessment

This is a routine operational matter with minimal market impact. The suspension affects only two privately placed debt securities approaching maturity. Trading members holding positions in these securities should prepare for redemption at maturity. No broader market implications are expected as this is a standard end-of-term procedure for debt instruments.

Impact Justification

Routine suspension due to maturity of debt securities affecting only two specific debentures with limited market impact