Description
Trading suspended in EFSL-GSEC-14-1-26-PVT debentures from December 30, 2025 due to redemption with record date set for December 30, 2025.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of Edelweiss Financial Services Ltd. effective December 30, 2025. The suspension is due to the company fixing a record date for redemption of specific debentures. Trading members are advised not to deal in the specified debentures from the suspension date.
Key Points
- Trading suspended for EFSL-GSEC-14-1-26-PVT (ISIN: INE532F07BS0, Code: 960418)
- Record date for redemption: December 30, 2025
- No dealings permitted from December 30, 2025
- Notice issued under DR-787/2025-2026
- Applies to debt segment only
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification for debenture redemption.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from December 30, 2025
- Members are required to take note of the suspension and communicate to clients holding these securities
- Ensure systems are updated to prevent inadvertent trading in suspended debentures
Important Dates
- Notice Date: December 26, 2025
- Record Date: December 30, 2025
- Trading Suspension Date: December 30, 2025
Impact Assessment
Market Impact: Limited impact as this affects only one specific series of non-convertible debentures. Debenture holders scheduled for redemption will receive their principal and interest as per terms.
Operational Impact: Trading members need to update their systems and inform affected clients. The suspension is procedural for facilitating redemption process.
Investor Impact: Investors holding these debentures cannot trade them from December 30, 2025, but will receive redemption proceeds as per the debenture terms.
Impact Justification
Affects specific debenture holders of Edelweiss Financial Services. Limited scope as it applies to single NCD series with near-term redemption.