Description

Trading suspended in CCIL 11% debentures (INE051307AA0) from December 26, 2025 for redemption and interest payment.

Summary

BSE has suspended trading in the 11% Non-Convertible Debentures (INE051307AA0, Scrip Code: 938328) of CHEMMANUR CREDITS AND INVESTMENTS LIMITED effective December 26, 2025. The suspension is implemented due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • Trading suspension effective from December 26, 2025
  • Applies to CCIL 11% Non-Convertible Debentures with maturity date January 9, 2026
  • ISIN: INE051307AA0, Scrip Code: 938328
  • Purpose: Redemption of debentures and payment of interest
  • Trading members instructed not to deal in the specified debentures
  • Notice issued under reference DR-785/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard operational suspension implemented for corporate action processing.

Compliance Requirements

  • Trading members must immediately cease dealing in the specified debentures from December 26, 2025
  • Trading members must take note of the suspension and inform their clients accordingly
  • No trades should be executed in the suspended debentures during the suspension period

Important Dates

  • Notice Date: December 23, 2025
  • Record Date: December 26, 2025
  • No Dealings From: December 26, 2025
  • Debenture Maturity: January 9, 2026

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. The suspension prevents trading for a brief period to facilitate the redemption and interest payment process. No broader market implications expected.

Investor Impact: Debenture holders will receive their redemption proceeds and final interest payment. Trading liquidity is temporarily suspended but this is standard for securities nearing maturity. Holders cannot exit positions during the suspension period.

Operational Impact: Trading members must update their systems to block trades in the specified security. The suspension is procedural and ensures clean settlement of the corporate action.

Impact Justification

Affects specific debenture holders with trading suspension for redemption; limited to single NCD series