Description

Trading suspended in SSFL debentures (INE572J07513) from December 15, 2025 due to record date for interest payment and redemption.

Summary

BSE has announced the suspension of trading in non-convertible debentures of SPANDANA SPHOORTY FINANCIAL LIMITED with ISIN INE572J07513 (Scrip Code: 974502) effective December 15, 2025. The suspension is due to the company fixing the record date for payment of interest and redemption of the debentures.

Key Points

  • Debenture series: SSFL-11.35%-30-12-25-PVT (INE572J07513)
  • Scrip Code: 974502
  • Interest rate: 11.35%
  • Record date: December 15, 2025
  • No dealings permitted from: December 15, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice reference: DR-777/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard suspension procedure for debentures undergoing redemption.

Compliance Requirements

  • Trading members must not deal in the specified debentures from December 15, 2025
  • Trading members are advised to note the suspension and inform their clients accordingly
  • No new positions should be created in these debentures

Important Dates

  • Notice Date: December 11, 2025
  • Record Date: December 15, 2025
  • Trading Suspension Date: December 15, 2025
  • Maturity Date: December 30, 2025 (as indicated by security name)

Impact Assessment

Market Impact: Limited to holders and traders of this specific debenture series. The suspension affects liquidity for these securities but is a routine corporate action.

Investor Impact: Debenture holders identified as on the record date will receive the final interest payment and redemption proceeds. No trading activity permitted from the suspension date.

Operational Impact: Trading members must update their systems to block trading in this security and communicate the suspension to clients holding or tracking these debentures.

Impact Justification

High severity for debenture holders and traders as trading is suspended, but medium overall impact as it affects a single debt security and is a routine corporate action for redemption.