Description
Trading suspended in debentures of 360 ONE PRIME LIMITED from December 17, 2025 due to redemption on exercise of put option with record date set for December 17, 2025.
Summary
BSE has announced the suspension of trading in non-convertible debentures (ISIN: INE248U07DV2, Code: 974688) of 360 ONE PRIME LIMITED effective December 17, 2025. The suspension is due to the company fixing the record date for redemption on exercise of put option. Trading members are advised not to deal in these debentures from the specified date.
Key Points
- Trading suspended for specific debentures (INE248U07DV2) of 360 ONE PRIME LIMITED
- Debenture code: 974688
- Purpose: Redemption of debentures on exercise of put option
- Circular reference: DR-779/2025-2026
- Trading members must not deal in these debentures from December 17, 2025
Regulatory Changes
No regulatory changes. This is a standard corporate action procedure for debenture redemption.
Compliance Requirements
- Trading members must cease all dealings in the specified debentures from December 17, 2025
- Trading members are required to take note of the suspension and ensure compliance
- No transactions should be executed in debenture code 974688 (ISIN: INE248U07DV2) from the no dealings date
Important Dates
- Notice Date: December 12, 2025
- Record Date: December 17, 2025
- No Dealings From: December 17, 2025
Impact Assessment
Market Impact: Low - The suspension affects only a specific debt instrument of a single issuer and does not impact broader market operations.
Operational Impact: Minimal - Standard corporate action procedure for debenture redemption. Trading members holding or dealing in these specific debentures need to be aware of the suspension, but overall operational impact is limited to this particular security.
Investor Impact: Affects only holders of the specific debentures (INE248U07DV2) who have exercised or plan to exercise the put option. The redemption process is a normal feature of debt securities with embedded options.
Impact Justification
Routine suspension for debenture redemption affecting specific debt instrument only; limited market-wide impact as it concerns single issuer's put option exercise.