Description

Trading suspended in ECL Finance Limited's 9.60% Non-Convertible Debentures (ISIN: INE804I07J05) from December 29, 2025 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures of ECL Finance Limited effective December 29, 2025. The suspension is due to the company fixing a record date for redemption of its 9.60% debentures maturing on January 13, 2026. Trading members are instructed not to deal in these debentures from the record date.

Key Points

  • ECL Finance Limited debentures (Code: 953285, ISIN: INE804I07J05) will cease trading from December 29, 2025
  • The debentures carry a coupon rate of 9.60% with maturity date of January 13, 2026
  • Record date for redemption purpose is set as December 29, 2025
  • No dealings permitted from December 29, 2025 onwards
  • Notice issued under reference DR-786/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for scheduled debenture redemption.

Compliance Requirements

  • Trading members must not execute any deals in the specified debentures from December 29, 2025
  • Trading members should update their systems to reflect the trading suspension
  • Ensure clients holding these debentures are informed about the redemption and trading suspension

Important Dates

  • Notice Date: December 19, 2025
  • Record Date: December 29, 2025
  • Trading Suspension Date: December 29, 2025
  • Debenture Maturity: January 13, 2026

Impact Assessment

Market Impact: Limited impact as this affects only a specific series of privately placed debentures. The suspension is procedural and temporary, ending with redemption.

Investor Impact: Holders of these debentures will receive redemption proceeds as per the original terms. No trading opportunity available from December 29, 2025.

Operational Impact: Trading members need to block trading in this specific ISIN from the specified date to ensure compliance with the no-dealings instruction.

Impact Justification

Trading suspension affects specific debenture holders of ECL Finance Limited but is a routine corporate action for scheduled redemption. Impact limited to holders of this specific ISIN.