Description
BSE suspends trading in six debenture series of Prachay Capital Limited effective December 16, 2025, due to early redemption and interest payment with record date set for December 16, 2025.
Summary
BSE has issued a notice suspending trading in six series of 15% Non-Convertible Debentures issued by Prachay Capital Limited, effective December 16, 2025. The suspension is due to the company fixing a record date of December 16, 2025, for early redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from December 16, 2025.
Key Points
- Six debenture series of Prachay Capital Limited affected by trading suspension
- All affected debentures carry 15% interest rate with 2029 maturity
- Record date fixed: December 16, 2025
- No dealings permitted from December 16, 2025
- Purpose: Early redemption of debentures and interest payment
- Notice reference: DR-778/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notice for suspension of trading due to early redemption.
Compliance Requirements
- Trading members must cease all dealings in the specified debentures from December 16, 2025
- Trading members must note the suspension and ensure no transactions are executed in the affected securities
- Compliance with record date requirements for early redemption process
Important Dates
- Notice Date: December 11, 2025
- Record Date: December 16, 2025
- Trading Suspension Effective: December 16, 2025
Affected Securities
| ISIN | Scrip Code | Debenture Series | Record Date | Suspension Date |
|---|---|---|---|---|
| INE0IID07561 | 976833 | PCL-15%-4-1-29-UL-PVT | 16/12/2025 | 16/12/2025 |
| INE0IID07611 | 976838 | PCL-15%-13-3-29-UL-PVT | 16/12/2025 | 16/12/2025 |
| INE0IID07645 | 976839 | PCL-15%-15-3-29-UL-PVT | 16/12/2025 | 16/12/2025 |
| INE0IID07579 | 976842 | PCL-15%-8-5-29-UL-PVT | 16/12/2025 | 16/12/2025 |
| INE0IID07652 | 976843 | PCL-15%-4-6-29-UL-PVT | 16/12/2025 | 16/12/2025 |
| INE0IID07728 | 976846 | PCL-15%-17-7-29-UL-PVT | 16/12/2025 | 16/12/2025 |
Impact Assessment
Market Impact: Low. This suspension affects unlisted private debentures of Prachay Capital Limited, which have limited secondary market trading activity.
Investor Impact: Low to Medium. Debenture holders will receive early redemption proceeds and accrued interest as per the record date. Investors holding these securities should note they cannot trade them from December 16, 2025.
Operational Impact: Minimal. Standard corporate action procedure for early redemption. Trading members need to update their systems to prevent trading in these securities from the effective date.
Liquidity Impact: Not applicable as these are unlisted private debentures with limited liquidity.
Impact Justification
Routine corporate action affecting specific non-convertible debentures of a private company with limited market impact. Standard suspension for early redemption process.