Description

Trading suspended in debentures of Drone Acharya Services Pvt Ltd (INE0WWM07010) from December 11, 2025 due to redemption and interest payment.

Summary

BSE has suspended trading in the Non-Convertible Debentures (NCDs) of Drone Acharya Services Pvt Ltd (Code: DASPL-21%-21-5-27-PVT, ISIN: INE0WWM07010, Security Code: 975944) effective December 11, 2025. The suspension is implemented due to the company fixing the record date for redemption of debentures and payment of interest.

Key Points

  • Trading Members are advised not to deal in the specified debentures of Drone Acharya Services Pvt Ltd
  • The suspension affects debentures with code DASPL-21%-21-5-27-PVT (INE0WWM07010)
  • Security code: 975944
  • Notice reference: DR-775/2025-2026
  • Circular issued by Marian Dsouza, Assistant Vice President – Listing Compliance And Operations

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for trading suspension related to debenture redemption and interest payment.

Compliance Requirements

  • Trading Members must cease all dealing in the specified debentures from December 11, 2025
  • No transactions should be executed in debentures with ISIN INE0WWM07010
  • Trading Members are required to take note of this suspension and ensure compliance

Important Dates

  • Notice Date: December 10, 2025
  • Record Date: December 11, 2025
  • No Dealings From: December 11, 2025
  • Purpose: Redemption of Debentures and Payment of Interest

Impact Assessment

Market Impact: High - Complete trading suspension affects all market participants holding or intending to trade these debentures. Investors with positions in these NCDs will be unable to exit or enter positions from December 11, 2025.

Operational Impact: Debenture holders on the record date (December 11, 2025) will be eligible for the interest payment and redemption proceeds. The trading suspension ensures proper settlement of corporate action benefits to rightful holders as of the record date.

Investor Impact: Investors holding these debentures should be aware that liquidity will be completely frozen from the suspension date. Those entitled to redemption and interest payment should ensure their demat account details are updated for receipt of proceeds.

Impact Justification

Complete trading suspension affecting debenture holders with immediate effect for redemption and interest payment purposes