Description
Trading suspended for Solar Industries India Limited debentures (SIIL-8.20%-23-12-25-PVT) effective December 22, 2025 due to maturity on December 23, 2025.
Summary
BSE has issued a notice suspending trading in debt securities of Solar Industries India Limited effective December 22, 2025. The suspension is due to the scheduled maturity of the company’s 8.20% debentures (SIIL-8.20%-23-12-25-PVT) on December 23, 2025. Trading members are advised not to deal in these debentures from the suspension date.
Key Points
- Trading suspension for Solar Industries India Limited debentures
- SCRIP CODE: 974468
- ISIN: INE343H08016
- Debenture: SIIL-8.20%-23-12-25-PVT (8.20% interest rate)
- Maturity Date: December 23, 2025
- Trading suspension effective: December 22, 2025
- Reference: DR-782/2025-2026
- Notice issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No regulatory changes. This is a standard operational notice for debt security maturity.
Compliance Requirements
- Trading members must not deal in the specified debentures (SCRIP CODE: 974468, ISIN: INE343H08016) from December 22, 2025 onwards
- All trading members are required to take note of this suspension and update their systems accordingly
Important Dates
- December 19, 2025: Notice issued
- December 22, 2025: Trading suspension effective date
- December 23, 2025: Debenture maturity date
Impact Assessment
Market Impact: Low. This is a routine corporate action affecting a single debt security issue. The suspension only impacts holders of this specific debenture series and does not affect the company’s equity shares or other debt instruments.
Operational Impact: Minimal. Trading members need to update their systems to block trading in this specific ISIN. Debenture holders will receive their principal and final interest payment as per the maturity terms.
Investor Impact: Limited to debenture holders who will receive redemption proceeds on maturity. No impact on equity investors.
Impact Justification
Routine trading suspension for maturing debt security. Affects only specific debenture holders, not equity trading. Standard corporate action with no broader market implications.