Description
Trading suspended in non-convertible debentures of ECAP EQUITIES LIMITED from December 8, 2025 due to redemption with record date set for the same date.
Summary
BSE has announced the suspension of trading in non-convertible debentures (NCDs) of ECAP EQUITIES LIMITED effective December 8, 2025. The suspension is due to the company fixing a record date for redemption purposes. Trading members are advised not to deal in the specified debentures from the no-dealings date.
Key Points
- Trading suspended for NCDs of ECAP EQUITIES LIMITED (ISIN: INE572O07FN0, Code: 960361)
- Record date for redemption set as December 8, 2025
- No dealings permitted from December 8, 2025
- Notice issued under reference DR-772/2025-2026
- Trading members must avoid transactions in these debentures
Regulatory Changes
No regulatory framework changes. This is a standard operational notice for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures of ECAP EQUITIES LIMITED from December 8, 2025
- Trading members should update their systems to reflect the trading suspension
- Ensure no new positions are created in the suspended debentures
Important Dates
- Notice Date: November 26, 2025
- Record Date: December 8, 2025
- No Dealings From: December 8, 2025
Impact Assessment
The suspension affects holders of ECAP EQUITIES LIMITED’s non-convertible debentures (ECE-GSEC-23-12-25-PVT). This is a routine corporate action with limited market impact, affecting only investors and trading members dealing in these specific debt securities. The suspension facilitates the orderly redemption process by preventing trading activity during the record date determination and redemption execution.
Impact Justification
Routine debenture redemption affecting specific debt security holders. Limited market-wide impact as it pertains to a single company's NCDs. Trading members need to take note to avoid dealing in these securities.