Description

BSE suspends trading in two series of non-convertible debentures of ARKA FINCAP LIMITED effective December 12, 2025 due to record date for redemption and interest payment.

Summary

BSE has issued a circular suspending trading in two series of non-convertible debentures (NCDs) of ARKA FINCAP LIMITED effective December 12, 2025. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these specific debentures from the suspension date.

Key Points

  • Two series of NCDs of ARKA FINCAP LIMITED will be suspended from trading
  • First security: AFL-9%-27-12-25-NCD (ISIN: INE03W107264, Code: 939142)
  • Second security: AFL-9.3%-27-12-25-NCD (ISIN: INE03W107215, Code: 939144)
  • Record date for both securities: December 12, 2025
  • No dealings permitted from December 12, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Reference: DR-776/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notice for suspension of trading in debt securities due to record date fixation.

Compliance Requirements

  • Trading members must not deal in the specified debentures of ARKA FINCAP LIMITED from December 12, 2025
  • Trading members are required to take note of this suspension and ensure compliance
  • All trading activity in these two NCD series must cease from the specified date

Important Dates

  • Circular Date: December 10, 2025
  • Record Date: December 12, 2025
  • No Dealings From: December 12, 2025
  • Redemption Date: December 27, 2025 (as indicated in security names)

Impact Assessment

Market Impact: Medium - The suspension affects only two specific NCD series of ARKA FINCAP LIMITED in the debt market segment. Debenture holders cannot trade these securities from December 12, 2025.

Investor Impact: Holders of these NCDs will receive interest payment and principal redemption as per the record date. However, they lose liquidity for these securities from the suspension date until redemption.

Operational Impact: Trading members must update their systems to block trading in these two ISIN codes from December 12, 2025. The suspension is temporary and tied to the redemption process scheduled for December 27, 2025.

Impact Justification

Trading suspension impacts debenture holders and traders of ARKA FINCAP LIMITED NCDs, but limited to specific securities with imminent redemption date