Description

Trading suspended in Asirvad Microfinance Limited's 9.30% Non-Convertible Debentures from January 5, 2026 due to redemption and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of Asirvad Microfinance Limited (ISIN: INE516Q07465, Code: 974987) effective January 5, 2026. The suspension is due to the company fixing the 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

  • Company: Asirvad Microfinance Limited
  • Security: AML-9.30%-20-1-26-PVT Non-Convertible Debentures
  • ISIN: INE516Q07465
  • BSE Code: 974987
  • Record Date: January 5, 2026
  • No Dealings From: January 5, 2026
  • Purpose: Redemption of Debentures and Payment of Interest
  • Notice Reference: DR-791/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debenture redemption.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from January 5, 2026
  • Trading members must inform their clients holding these debentures about the trading suspension
  • Debenture holders should note the record date for entitlement to redemption proceeds and interest payment

Important Dates

  • December 31, 2025: Circular issued
  • January 5, 2026: Record date for redemption and interest payment
  • January 5, 2026: Trading suspension effective date

Impact Assessment

Market Impact: Limited to specific debenture holders of Asirvad Microfinance Limited. The trading suspension is procedural and temporary, related to the maturity/redemption of the debentures.

Investor Impact: Debenture holders will receive their redemption proceeds and final interest payment based on holdings as of the record date. No trading will be possible from January 5, 2026 onwards.

Operational Impact: Trading members need to update their systems to block trading in these specific debentures and communicate the suspension to affected clients.

Impact Justification

Medium importance as it affects only specific debenture holders of Asirvad Microfinance Limited; trading suspension is temporary and related to routine corporate action of redemption and interest payment