Description

BSE suspends trading in six debenture series of PRACHAY CAPITAL LIMITED from December 16, 2025, due to early redemption and interest payment with record date December 16, 2025.

Summary

BSE has announced the suspension of trading in six series of non-convertible debentures issued by PRACHAY CAPITAL LIMITED effective December 16, 2025. The suspension is due to the company’s record date for early redemption of debentures and payment of interest. Trading members are advised not to deal in these specified debentures from the suspension date.

Key Points

  • Six debenture series of PRACHAY CAPITAL LIMITED will be suspended from trading
  • All affected debentures carry 15% interest rate and mature in 2029
  • Record date set for December 16, 2025
  • Purpose: Early redemption and interest payment
  • No dealings permitted from December 16, 2025
  • Notice reference: DR-778/2025-2026

Affected Securities

PRACHAY CAPITAL LIMITED - Six Debenture Series:

  1. PCL-15%-4-1-29-UL-PVT (ISIN: INE0IID07561, Code: 976833)
  2. PCL-15%-13-3-29-UL-PVT (ISIN: INE0IID07611, Code: 976838)
  3. PCL-15%-15-3-29-UL-PVT (ISIN: INE0IID07645, Code: 976839)
  4. PCL-15%-8-5-29-UL-PVT (ISIN: INE0IID07579, Code: 976842)
  5. PCL-15%-4-6-29-UL-PVT (ISIN: INE0IID07652, Code: 976843)
  6. PCL-15%-17-7-29-UL-PVT (ISIN: INE0IID07728, Code: 976846)

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading members must not execute any deals in the specified debentures from December 16, 2025
  • Trading members should ensure compliance with the suspension directive
  • All pending orders or positions in these securities should be managed accordingly before the suspension date

Important Dates

  • Notice Date: December 11, 2025
  • Record Date: December 16, 2025
  • Suspension Effective From: December 16, 2025

Impact Assessment

Market Impact: Low - affects specific debenture holders of a private limited company with limited trading volume.

Investor Impact: Debenture holders will receive early redemption proceeds and accrued interest as per the record date. No trading will be possible from December 16, 2025.

Operational Impact: Trading members holding positions or client orders in these securities need to take note and inform affected clients about the suspension and corporate action.

Impact Justification

Routine suspension for corporate action affecting non-convertible debentures of a private limited company with limited market impact