Description
BSE suspends trading in three series of non-convertible debentures of Edelweiss Financial Services Ltd. effective December 23, 2025, due to redemption and interest payment with record date December 23, 2025.
Summary
BSE has issued notice number 20251215-37 regarding suspension of trading in three series of non-convertible debentures (NCDs) issued by Edelweiss Financial Services Ltd. The suspension is effective from December 23, 2025, as the company has fixed the record date for redemption and interest payment purposes. Trading members are advised not to deal in these specified debentures from the suspension date.
Key Points
- Three NCD series of Edelweiss Financial Services Ltd. will be suspended from trading
- EFSL-9.39%-8-1-26-NCD (ISIN: INE532F07BM3, Code: 937339)
- EFSL-9.8%-8-1-26-NCD (ISIN: INE532F07BN1, Code: 937341)
- EFSL-ZC-8-1-26-NCD (ISIN: INE532F07BO9, Code: 937343)
- Purpose: Redemption of debentures and payment of interest
- Reference number: DR-783/2025-2026
- Trading members are prohibited from dealing in these debentures from the no-dealings date
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notice for debenture redemption and interest payment.
Compliance Requirements
- Trading members must not execute any deals in the three specified NCD series from December 23, 2025
- All trading members must note the suspension and ensure compliance
- No new positions or transactions should be initiated in these debentures from the specified date
Important Dates
- Notice Date: December 15, 2025
- Record Date: December 23, 2025
- No Dealings From: December 23, 2025
- Purpose Effective Date: December 23, 2025 (redemption and interest payment)
Impact Assessment
Market Impact: Medium - affects holders of three specific NCD series of Edelweiss Financial Services Ltd.
Investor Impact: Holders of these NCDs will receive redemption proceeds and interest payment. No trading will be possible from December 23, 2025, which is standard procedure for such corporate actions.
Operational Impact: Trading members must update their systems to block trading in these three NCD series. This is a routine suspension related to the maturity and redemption process.
Company-Specific: Edelweiss Financial Services Ltd. is fulfilling its obligation to redeem maturing debentures and pay accrued interest. The suspension ensures all eligible holders as on record date receive their dues.
Impact Justification
Routine trading suspension for NCD redemption affecting specific debenture holders of Edelweiss Financial Services; limited broader market impact but significant for holders of these three NCD series