Description

Trading suspended in SAMMAAN FINSERVE LIMITED debentures (INE244L07580) from January 1, 2026 due to record date for redemption and interest payment.

Summary

BSE has suspended trading in non-convertible debentures of SAMMAAN FINSERVE LIMITED (ISIN: INE244L07580, Code: 975838) effective January 1, 2026. 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: SAMMAAN FINSERVE LIMITED
  • ISIN: INE244L07580
  • BSE Code: 975838
  • Debenture Series: SFIL-9.55%-16-1-26-PVT (9.55% coupon)
  • Record Date: January 1, 2026
  • No Dealings From: January 1, 2026
  • Purpose: Redemption of debentures and payment of interest
  • Notice Number: DR-789/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard operational suspension pursuant to corporate action procedures for debt securities.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from January 1, 2026
  • Trading members must take note of the suspension and communicate to relevant stakeholders
  • Debenture holders should note the record date for eligibility for interest payment and redemption proceeds

Important Dates

  • December 30, 2025: Notice issued by BSE
  • January 1, 2026: Record date for redemption and interest payment
  • January 1, 2026: Trading suspension becomes effective

Impact Assessment

Market Impact: Limited to holders of SAMMAAN FINSERVE LIMITED debentures. No broader debt market implications.

Investor Impact: Debenture holders on record as of January 1, 2026 will receive interest payment and redemption proceeds. Secondary market liquidity ceases from the suspension date.

Operational Impact: Trading members must update their systems to block trading in the specified ISIN and inform clients holding these debentures about the suspension and upcoming redemption.

Impact Justification

Routine suspension for debenture redemption affecting single company's debt securities with limited broader market impact