Description
Trading suspended in UCL-9.30%-05-1-26-PVT debentures from December 19, 2025 due to redemption and interest payment with record date of December 21, 2025.
Summary
BSE has announced the suspension of trading in specific non-convertible debentures of UGRO CAPITAL LIMITED effective December 19, 2025. The suspension is implemented due to the company fixing December 21, 2025 as the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures during the suspension period.
Key Points
- Company: UGRO CAPITAL LIMITED
- Debenture Series: UCL-9.30%-05-1-26-PVT
- ISIN: INE583D07489
- Code: 975805
- Record Date: December 21, 2025
- No Dealings From: December 19, 2025
- Purpose: Redemption of Debentures and Payment of Interest
- Notice Number: DR-781/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard operational suspension in accordance with existing BSE procedures for debt securities undergoing corporate actions.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures (ISIN: INE583D07489, Code: 975805) from December 19, 2025
- Trading members are required to take note of this suspension and ensure compliance
- All dealings in the specified debentures must cease two trading days before the record date
Important Dates
- December 15, 2025: Circular issued
- December 19, 2025: Trading suspension begins (no dealings from this date)
- December 21, 2025: Record date for redemption and interest payment
Impact Assessment
Market Impact: Limited to holders of the specific NCD series UCL-9.30%-05-1-26-PVT. The suspension is temporary and standard procedure for debenture redemption.
Investor Impact: Debenture holders will receive their redemption proceeds and interest payment based on holdings as of the December 21, 2025 record date. Trading is restricted only for a short period to freeze the holder list.
Operational Impact: Trading members must update their systems to block trading in this specific ISIN. The two-day suspension window (December 19-20) allows for proper record date determination before the December 21 record date.
Impact Justification
Standard trading suspension for debenture redemption affecting specific debt securities holders. Limited to single NCD series with short suspension period.