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 of ECAP EQUITIES LIMITED effective December 8, 2025. The company has fixed the record date for redemption purposes, and trading members are advised not to deal in the specified debentures from the no-dealings date.
Key Points
- Trading suspended for ECAP EQUITIES LIMITED debentures (ISIN: INE572O07FN0, Code: 960361)
- Suspension effective from December 8, 2025
- Purpose: Redemption of non-convertible debentures
- Trading members must not deal in these securities from the specified date
- Notice reference: DR-772/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification for debenture redemption.
Compliance Requirements
- Trading members must cease all dealings in the specified debentures from December 8, 2025
- Trading members are required to take note of the suspension and inform their clients accordingly
- No transactions should be executed in security code ECE-GSEC-23-12-25-PVT (960361) from the no-dealings date
Important Dates
- Notice Date: November 26, 2025
- Record Date: December 8, 2025
- No Dealings From: December 8, 2025
- Purpose Date: Redemption scheduled for December 8, 2025
Impact Assessment
Market Impact: High - Complete trading suspension prevents liquidity and any exit options for debenture holders until redemption is processed.
Investor Impact: High - Debenture holders cannot trade or transfer their holdings from December 8, 2025. Only investors on record as of the record date will receive redemption proceeds.
Operational Impact: Medium - Trading members must update their systems to block trading in the specified ISIN and communicate the suspension to affected clients holding these debentures.
Impact Justification
Complete trading suspension for debenture holders with immediate effect from record date, preventing any dealings in the specified securities