Description

Trading suspended in four series of non-convertible debentures of Prachay Capital Limited from January 7, 2026 for early redemption and interest payment.

Summary

BSE has suspended trading in four series of non-convertible debentures issued by Prachay Capital Limited effective January 7, 2026. The suspension is due to the company fixing a record date for early redemption of debentures and payment of interest. Trading members are advised not to deal in these specified debentures from the no-dealings date.

Key Points

  • Four debenture series of Prachay Capital Limited affected by trading suspension
  • Record date fixed: January 7, 2026
  • No dealings permitted from: January 7, 2026
  • Purpose: Early redemption of debentures and payment of interest
  • All affected debentures are unlisted private placements (UL-PVT)
  • Interest rates range from 14.75% to 15%
  • Maturity years: 2029

Regulatory Changes

No regulatory changes. This is a standard operational notice for corporate action processing.

Compliance Requirements

  • Trading members must not deal in the specified debentures from January 7, 2026
  • Trading members are required to take note of the suspension
  • All dealings must cease for the affected ISIN codes

Important Dates

  • Notice Date: January 1, 2026
  • Record Date: January 7, 2026
  • No Dealings From: January 7, 2026

Affected Debentures

  1. PCL-14.75%-7-3-29-UL-PVT (ISIN: INE0IID07595, Code: 976837)
  2. PCL-14.75%-13-6-29-UL-PVT (ISIN: INE0IID07603, Code: 976844)
  3. PCL-15%-4-10-29-UL-PVT (ISIN: INE0IID07678, Code: 976849)
  4. PCL-15-24-10-29-UL-PVT (ISIN: INE0IID07660, Code: 976850)

Impact Assessment

The impact is limited to holders of these specific privately placed debentures. Since these are unlisted private placements, the trading suspension affects a restricted set of institutional investors rather than the broader market. The early redemption will provide liquidity to debenture holders along with accrued interest payments. No market-wide implications expected.

Impact Justification

Routine trading suspension for early redemption of privately placed debentures affecting limited market participants