Description

Trading suspended in KFL 8.75% NCD from January 2, 2026 due to record date for redemption and interest payment.

Summary

BSE has suspended trading in the 8.75% Non-Convertible Debentures (NCD) of Kosamattam Finance Limited (ISIN: INE403Q07EE5, Code: 939156) effective January 2, 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: Kosamattam Finance Limited
  • Security: 8.75% Non-Convertible Debentures
  • ISIN: INE403Q07EE5
  • BSE Code: 939156
  • Record Date: January 2, 2026
  • No Dealings From: January 2, 2026
  • Purpose: Redemption of Debentures and Payment of Interest
  • Notice Reference: DR-790/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a routine operational suspension aligned with corporate action procedures for debenture redemption and interest payment.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from January 2, 2026
  • All trading members are required to take note of this suspension
  • No dealings permitted in KFL 8.75% NCDs bearing ISIN INE403Q07EE5

Important Dates

  • Notice Date: December 31, 2025
  • Record Date: January 2, 2026
  • Trading Suspension Effective: January 2, 2026

Impact Assessment

Market Impact: High - Debenture holders will not be able to trade these securities from the record date. This is a complete trading halt for this specific NCD.

Investor Impact: High - Investors holding these debentures need to be aware they cannot exit their positions from January 2, 2026. However, they will receive redemption proceeds and interest payment as per the record date.

Liquidity Impact: Complete elimination of secondary market liquidity for this instrument from the effective date as the debentures approach redemption.

Impact Justification

Trading suspension impacts debenture holders directly, preventing any transactions from record date for redemption and interest payment purposes