Description
Trading suspended in Asirvad Microfinance Limited's debentures (INE516Q07465) from January 5, 2026 due to record date for redemption and interest payment.
Summary
BSE has announced the suspension of trading in debentures of Asirvad Microfinance Limited (Series AML-9.30%-20-1-26-PVT, ISIN: INE516Q07465, Code: 974987) effective January 5, 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 specified date.
Key Points
- Debenture Series: AML-9.30%-20-1-26-PVT (Private)
- 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 notice for debt securities.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from January 5, 2026
- Members must ensure compliance with the trading suspension for the mentioned ISIN
- All market participants should note the suspension and adjust their systems accordingly
Important Dates
| Date | Event |
|---|---|
| December 31, 2025 | Circular issued |
| January 5, 2026 | Record date for redemption and interest payment |
| January 5, 2026 | Trading suspension begins |
Impact Assessment
Market Impact: Limited to holders of this specific debenture series. The suspension is procedural and relates to the maturity/redemption process.
Investor Impact: Debenture holders of the specified series will receive their redemption amount and final interest payment as per the terms. No trading will be possible from the record date.
Operational Impact: Trading members must update their systems to prevent trading in this ISIN from January 5, 2026. The suspension is expected as part of the normal debenture lifecycle for securities approaching maturity.
Impact Justification
Routine trading suspension for debenture redemption and interest payment; affects specific debt instrument holders but limited to single NCD series