Description

Trading suspended in SATIN CREDITCARE NETWORK LIMITED debentures (INE836B07782) 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 specific Non-Convertible Debentures (NCDs) of SATIN CREDITCARE NETWORK LIMITED effective January 5, 2026. The suspension is implemented to facilitate the redemption of debentures and payment of interest, with the record date fixed as January 5, 2026. Trading members are advised to cease all dealings in the specified debentures from the suspension date.

Key Points

  • Debenture ISIN: INE836B07782 (Code: 975154)
  • Debenture Series: SCNL-11%-13-01-26-PVT (11% coupon rate)
  • 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
  • Issued by: Marian Dsouza, Assistant Vice President – Listing Compliance And Operations

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action procedure for debenture redemption and interest payment following established BSE guidelines for debt market operations.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures (ISIN: INE836B07782) from January 5, 2026 onwards
  • Trading members are required to take note of the suspension and ensure compliance with the no-dealing directive
  • All market participants must adhere to the record date of January 5, 2026 for determining eligibility for interest payment and redemption

Important Dates

  • December 31, 2025: Notice issued by BSE
  • January 5, 2026: Record Date for interest payment and redemption eligibility
  • January 5, 2026: Trading suspension becomes effective (no dealings permitted from this date)

Impact Assessment

Market Impact: Limited to holders of the specific debenture series (SCNL-11%-13-01-26-PVT). The suspension affects only debt market participants dealing in this particular NCD and does not impact the company’s equity shares or other debt instruments.

Investor Impact: Debenture holders as on the record date (January 5, 2026) will receive interest payment and principal redemption. No secondary market trading will be possible from the suspension date, restricting liquidity for investors wishing to exit before redemption.

Operational Impact: Trading members must update their systems to block trades in the specified ISIN and communicate the suspension to clients holding or interested in trading these debentures.

Impact Justification

Temporary trading suspension for debenture holders due to scheduled redemption and interest payment; affects specific debt instrument holders but does not impact equity trading