Description
Trading suspended in debentures of Spandana Sphoorty Financial Limited from December 15, 2025 due to redemption and interest payment with record date set.
Summary
BSE has issued a notice suspending trading in specific non-convertible debentures (NCDs) of Spandana Sphoorty Financial Limited effective December 15, 2025. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest.
Key Points
- Trading Members advised not to deal in specified debentures from December 15, 2025
- Debenture Series: SSFL-11.35%-30-12-25-PVT (ISIN: INE572J07513, Scrip Code: 974502)
- Record Date fixed: December 15, 2025
- Purpose: Redemption of debentures and payment of interest
- Notice Number: DR-777/2025-2026
- Issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No regulatory changes. This is a standard corporate action notice for debenture redemption.
Compliance Requirements
- Trading Members must not deal in the specified debentures from December 15, 2025
- Trading Members are required to take note of the suspension
- No dealings permitted in ISIN INE572J07513 from the specified date
Important Dates
- Notice Date: December 11, 2025
- Record Date: December 15, 2025
- No Dealings From: December 15, 2025
Impact Assessment
Market Impact: Limited impact on broader market operations. The suspension affects only holders and traders of this specific NCD series. Equity shares of Spandana Sphoorty Financial Limited remain unaffected.
Investor Impact: Debenture holders will receive interest payment and redemption proceeds as per the terms. Investors cannot trade these securities from December 15, 2025 onwards.
Operational Impact: Trading members need to update their systems to block trading in the specified ISIN/scrip code from the suspension date.
Impact Justification
Routine trading suspension for debenture redemption and interest payment. Impacts only specific NCD holders, not equity trading.