Description

Trading suspended for two series of IIFL Finance debentures from January 8, 2026 due to upcoming redemption and interest payment with record date set for the same day.

Summary

BSE has suspended trading in two series of Non-Convertible Debentures (NCDs) issued by IIFL Finance Limited effective January 8, 2026. The suspension is due to the upcoming redemption of these debentures and payment of interest, with the record date fixed for January 8, 2026. Trading members are advised not to deal in these specified debentures from the suspension date.

Key Points

  • Two series of IIFL Finance NCDs affected by trading suspension
  • IIFL-8.75%-24-1-26-NCD (ISIN: INE530B07294, Code: 938378) - coupon-bearing debenture
  • IIFL-ZERO COUPON-24-1-26-NCD (ISIN: INE530B07286, Code: 938380) - zero coupon debenture
  • Record date for redemption and interest payment: January 8, 2026
  • No dealings permitted from January 8, 2026
  • Notice reference: DR-794/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard operational notice for debenture redemption procedures.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from January 8, 2026
  • Trading members should note the suspension and inform their clients holding these debentures
  • Compliance with record date requirements for redemption and interest payment processing

Important Dates

  • Notice Date: January 1, 2026
  • Record Date: January 8, 2026
  • Trading Suspension Date: January 8, 2026

Impact Assessment

Market Impact: Low - This is a routine corporate action affecting only two specific debenture series from IIFL Finance. The suspension is temporary and directly related to the scheduled redemption process.

Investor Impact: Investors holding these debentures will receive their redemption proceeds and any applicable interest as per the terms. No trading will be possible from the suspension date, but this is expected for maturing debt securities.

Operational Impact: Minimal - Standard procedure for debenture redemption that trading members routinely handle.

Impact Justification

Routine suspension for debenture redemption affecting only two specific NCD series with limited market impact