Description
Trading in non-convertible debentures of KLM AXIVA FINVEST LIMITED suspended from December 18, 2025 due to redemption and interest payment.
Summary
BSE has announced the suspension of trading in non-convertible debentures (NCDs) of KLM AXIVA FINVEST LIMITED effective December 18, 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 the specified debentures from the suspension date.
Key Points
- Trading suspended for KAFL-ZC-2-1-26-NCD debentures (ISIN: INE01I507190, Code: 936906)
- Record date set for December 18, 2025
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from December 18, 2025 onwards
- Notice reference: DR-780/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action procedure.
Compliance Requirements
- Trading members must cease all trading activities in the specified debentures from December 18, 2025
- Members must take note of the suspension and inform relevant stakeholders
- No buy or sell orders should be accepted for the suspended debenture series
Important Dates
- Notice Date: December 12, 2025
- Record Date: December 18, 2025
- No Dealings From: December 18, 2025
Impact Assessment
The impact is limited to holders and potential traders of this specific debenture series. The suspension is a routine corporate action related to scheduled redemption and does not indicate financial distress or regulatory concerns. Market operations will continue normally for all other securities. Debenture holders will receive their redemption proceeds and interest as per the terms of issuance.
Impact Justification
Routine trading suspension for a single debt instrument due to scheduled redemption. Limited market-wide impact affecting only specific debenture holders.