Description
Suspension of trading in three series of non-convertible debentures of Edelweiss Financial Services Ltd. from January 2, 2026, due to redemption and interest payment with record date set for the same day.
Summary
BSE has announced the suspension of trading in three series of non-convertible debentures (NCDs) issued by Edelweiss Financial Services Ltd., effective from 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 specific debentures from the no-dealings date.
Key Points
- Three NCD series of Edelweiss Financial Services Ltd. will be suspended from trading
- Record date set for January 2, 2026, for redemption and interest payment
- No dealings permitted from January 2, 2026
- Affected debentures include 9.20% series, 9.60% series, and Zero Coupon series, all issued in 2020
- Reference number: DR-790/2025-2026
- Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification for debenture redemption and interest payment.
Compliance Requirements
- Trading members must cease all dealings in the specified debentures from January 2, 2026
- Trading members are required to take note of the suspension and comply with the no-dealings directive
- Adherence to record date requirements for redemption and interest payment processing
Important Dates
- Notice Date: December 31, 2025
- Record Date: January 2, 2026
- No Dealings From: January 2, 2026
Affected Securities
| Security Name | ISIN | BSE Code | Coupon Rate | Purpose |
|---|---|---|---|---|
| EFSL-9.20%-20-1-26-NCD | INE532F07DM9 | 938358 | 9.20% | Redemption and Interest Payment |
| EFSL-9.60%-20-1-26-NCD | INE532F07DN7 | 938360 | 9.60% | Redemption and Interest Payment |
| EFSL-Zero Coupon-20-1-26-NCD | INE532F07DL1 | 938362 | Zero Coupon | Redemption and Interest Payment |
Impact Assessment
Market Impact: Limited to holders and traders of the specific NCD series. No impact on equity trading of Edelweiss Financial Services Ltd.
Investor Impact: Debenture holders will receive redemption proceeds and final interest payment as per the terms. Investors cannot trade these securities from January 2, 2026.
Operational Impact: Trading members must update their systems to prevent trading in these securities from the specified date. Standard corporate action processing applies for redemption and interest disbursement.
Impact Justification
Routine suspension for debenture redemption affecting specific debt securities. Limited to three NCD series of one issuer. Standard corporate action with defined timeline.