Description
Trading suspended in NAVI FINSERV LIMITED debentures (INE342T07502) from January 7, 2026 due to redemption with record date set for the same day.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures (NFL-9.25%-22-01-26-PVT) of NAVI FINSERV LIMITED effective January 7, 2026. The suspension is implemented due to the company fixing the record date for redemption of these debentures. Trading members are instructed to cease dealings in the specified debentures from the record date.
Key Points
- ISIN: INE342T07502 (Code: 975845)
- Debenture Series: NFL-9.25%-22-01-26-PVT
- Coupon Rate: 9.25%
- Trading suspension becomes effective from January 7, 2026
- Purpose: Redemption of debentures
- Circular Reference: DR-793/2025-2026
- Notice Number: 20260101-55
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notice for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures of NAVI FINSERV LIMITED from January 7, 2026
- All trading members are required to take note of this suspension
- No new positions should be created in these debentures from the specified date
Important Dates
- Notice Date: January 1, 2026
- Record Date: January 7, 2026
- No Dealings From: January 7, 2026
- Purpose Date: January 7, 2026 (Redemption)
Impact Assessment
Market Impact: Medium - affects holders and potential traders of this specific debenture series. The trading suspension is limited to one ISIN and does not affect other securities of NAVI FINSERV LIMITED.
Investor Impact: Debenture holders as on record date (January 7, 2026) will be eligible for redemption. No new trading activity will be permitted from the suspension date, ensuring clean settlement for redemption process.
Operational Impact: Trading members need to update their systems to block trading in this specific debenture series and inform clients holding these debentures about the upcoming redemption.
Impact Justification
Medium importance as it affects specific debenture holders of NAVI FINSERV LIMITED. Trading suspension is limited to one security series with defined redemption date.