Description

Trading suspended in KFL-9%-15-1-26-NCD debentures effective December 31, 2025 due to redemption and interest payment with record date set for December 31, 2025.

Summary

BSE has announced the suspension of trading in non-convertible debentures (NCDs) of KOSAMATTAM FINANCE LIMITED effective December 31, 2025. The suspension is necessitated by the company fixing a record date for redemption of debentures and payment of interest. Trading members are explicitly advised not to deal in the specified debentures from the no-dealings date.

Key Points

  • Trading suspended for KFL-9%-15-1-26-NCD debentures (ISIN: INE403Q07DB3, Code: 938344)
  • Record date set for December 31, 2025
  • Purpose: Redemption of debentures and payment of interest
  • No dealings permitted from December 31, 2025
  • Notice reference: DR-788/2025-2026
  • Issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notice requiring trading suspension as per established procedures for debenture redemption.

Compliance Requirements

  • Trading members must not execute any transactions in the specified debentures from December 31, 2025
  • Trading members are required to take note of the suspension and communicate to their clients
  • All market participants must comply with the no-dealings directive for the affected securities

Important Dates

  • Notice Date: December 29, 2025
  • Record Date: December 31, 2025
  • No Dealings From: December 31, 2025

Impact Assessment

Market Impact: High impact for holders of KOSAMATTAM FINANCE LIMITED debentures as trading will be completely suspended. Investors holding these securities will not be able to trade them from the specified date.

Operational Impact: Trading members must update their systems and inform clients holding these debentures about the suspension. The suspension affects liquidity for debenture holders who may have wished to exit their positions before redemption.

Investor Impact: Debenture holders as of the record date (December 31, 2025) will receive the redemption amount and final interest payment. Secondary market exit is no longer possible after the no-dealings date.

Impact Justification

Complete trading suspension for debenture holders due to imminent redemption and interest payment, requiring immediate action from trading members