Description

Trading suspended in two series of IIFL Finance debentures effective January 8, 2026 due to redemption and interest payment with record date set for January 8, 2026.

Summary

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

Key Points

  • Two NCD series affected: 8.75% coupon debentures (ISIN: INE530B07294, Code: 938378) and Zero Coupon debentures (ISIN: INE530B07286, Code: 938380)
  • Record date set for January 8, 2026
  • Purpose: Redemption of debentures and payment of interest
  • No dealings permitted from January 8, 2026
  • Notice reference: DR-794/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debenture redemption.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from January 8, 2026
  • Trading members are required to take note of the suspension and ensure compliance
  • No trading activity permitted in ISIN INE530B07294 (938378) and INE530B07286 (938380) from the specified date

Important Dates

  • Notice Date: January 1, 2026
  • Record Date: January 8, 2026
  • No Dealings From: January 8, 2026

Impact Assessment

Market Impact: Medium - affects holders of two specific NCD series of IIFL Finance Limited. Investors holding these debentures will receive redemption proceeds and final interest payment.

Operational Impact: Trading members must update their systems to prevent trading in these two debenture series from January 8, 2026.

Investor Impact: Debenture holders will have their investments redeemed as per the terms, with the record date determining eligibility for final interest payment and redemption proceeds. This is a scheduled maturity event.

Impact Justification

Routine trading suspension for debenture redemption affecting two NCD series of IIFL Finance. Medium impact as it affects debt instrument holders but is a scheduled corporate action.