Description
Trading suspended in two series of debentures of ICL FINCORP LIMITED effective December 17, 2025 due to record date for redemption and interest payment.
Summary
BSE has suspended trading in two series of Non-Convertible Debentures (NCDs) issued by ICL FINCORP LIMITED effective December 17, 2025. The suspension is due to the company fixing the 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
- Two NCD series of ICL FINCORP LIMITED suspended from trading
- ISIN INE01CY078Q3 (Code: 939917) - ICLFL-11%-02-01-26-NCD
- ISIN INE01CY078N0 (Code: 939925) - ICLFL-02-1-26-NCD
- Record date fixed as December 17, 2025
- Purpose: Redemption of Debentures and Payment of Interest
- No dealings permitted from December 17, 2025
- Notice reference: DR-779/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action procedure requiring temporary trading suspension to process debenture redemption and interest payment.
Compliance Requirements
- Trading members must not execute any deals in the specified debentures from December 17, 2025
- Trading members must inform their clients about the trading suspension
- All market participants must note the record date for corporate action processing
Important Dates
- Notice Date: December 12, 2025
- Record Date: December 17, 2025
- No Dealings From: December 17, 2025
Impact Assessment
Market Impact: Limited to holders and potential traders of the two specific ICL FINCORP debenture series. The suspension prevents secondary market transactions but is a standard procedure for processing redemption and interest payments. Debenture holders will receive their redemption proceeds and interest as per the terms. The impact is temporary and procedural, affecting liquidity only for these specific instruments during the corporate action processing period.
Impact Justification
Impacts holders and traders of specific ICL FINCORP debenture series. Suspension is procedural for corporate action processing but restricts trading access for affected securities.