Description
Trading suspended for CHEMMANUR CREDITS AND INVESTMENTS LIMITED debentures (INE051307AA0) effective December 26, 2025 due to redemption and interest payment record date.
Summary
BSE has suspended trading in the 11% Non-Convertible Debentures of CHEMMANUR CREDITS AND INVESTMENTS LIMITED (ISIN: INE051307AA0, Scrip Code: 938328) effective December 26, 2025. The suspension is 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 suspension date.
Key Points
- Company: CHEMMANUR CREDITS AND INVESTMENTS LIMITED
- Security: 11% Non-Convertible Debentures (CCIL-11%-9-1-26-NCD)
- ISIN: INE051307AA0
- Scrip Code: 938328
- Record Date: December 26, 2025
- Purpose: Redemption of Debentures and Payment of Interest
- No Dealings From: December 26, 2025
- Notice Number: DR-785/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard operational suspension implemented as per existing BSE procedures when a company fixes a record date for debenture redemption and interest payment.
Compliance Requirements
- Trading members must not execute any deals in the specified debentures from December 26, 2025
- Trading members should inform their clients holding or intending to trade these debentures about the suspension
- Trading members must take note of the record date for debenture redemption and interest payment purposes
Important Dates
- December 23, 2025: Circular issued
- December 26, 2025: Record date for redemption and interest payment; trading suspension effective from this date
Impact Assessment
The suspension affects holders of CHEMMANUR CREDITS AND INVESTMENTS LIMITED’s 11% Non-Convertible Debentures. Debenture holders on record as of December 26, 2025 will be eligible for interest payment and redemption proceeds. The trading suspension ensures orderly settlement by preventing trades during the record date determination period. This is a standard corporate action with limited broader market impact, affecting only investors and trading members dealing specifically in this debt security.
Impact Justification
High severity due to immediate trading suspension; medium impact as it affects only specific debenture holders and trading members dealing in this security