Description
Trading suspended for three series of debentures of Kinara Capital Pvt Ltd effective November 28, 2025 due to full redemption.
Summary
BSE has announced the suspension of trading in three series of non-convertible debentures (NCDs) issued by KINARA CAPITAL PVT LTD effective November 28, 2025. The suspension follows the issuer’s notification to the exchange that all three debenture series have been fully redeemed. Trading members are advised not to deal in these securities.
Key Points
- Three debenture series of Kinara Capital Pvt Ltd fully redeemed
- Trading suspension effective from November 28, 2025
- Notice reference: DR-766/2025-2026
- Trading members explicitly advised not to deal in these securities
Debentures Affected
| Scrip Code | ISIN | Coupon Rate | Maturity |
|---|---|---|---|
| 976014 | INE200W07449 | 12% | 17-9-29 |
| 975887 | INE200W07423 | 13.10% | 7-8-27 |
| 975954 | INE200W07431 | - | 27-8-27 |
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action following debt redemption.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from November 28, 2025
- Members required to take note of the suspension and update their systems accordingly
- No dealing permitted in securities with ISINs INE200W07449, INE200W07423, and INE200W07431
Important Dates
- Notice Date: November 27, 2025
- Trading Suspension Effective: November 28, 2025
Impact Assessment
The impact is limited as these are privately placed debentures with restricted trading. The suspension is a procedural outcome of full redemption and affects only existing debenture holders and authorized trading members. No broader market implications expected. This is a routine corporate action in the debt segment.
Impact Justification
Routine suspension following full redemption of privately placed debentures. Limited market impact as these are private placements, not publicly traded equity.