Description
Trading suspended for two series of Edelweiss Financial Services non-convertible debentures from January 13, 2026 due to record date for redemption and interest payment.
Summary
BSE has suspended trading in two series of non-convertible debentures issued by Edelweiss Financial Services Ltd. effective January 13, 2026. The suspension is due to the record date being fixed for redemption of debentures and payment of interest. Trading members are advised not to deal in these securities from the specified date.
Key Points
- Two debenture series affected: EFSL-8.95%-29-1-26-NCD (ISIN: INE532F07ET2, Code: 939186) and EFSL-29-1-26-NCD (ISIN: INE532F07EV8, Code: 939188)
- Record date set for January 13, 2026
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from January 13, 2026
- Notice Number: DR-797/2025-2026
- Circular 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.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from January 13, 2026
- Trading members must inform their clients about the trading suspension
- Compliance with record date procedures for redemption and interest payment
Important Dates
- January 6, 2026: Circular issued
- January 13, 2026: Record date for redemption and interest payment; trading suspension begins
Impact Assessment
Market Impact: Limited to holders of the two specific debenture series. Standard procedure for maturing debt securities.
Investor Impact: Debenture holders will receive their redemption proceeds and final interest payment. No trading opportunity available from the suspension date.
Operational Impact: Trading members need to update their systems to block trades in these securities and communicate with affected clients holding these debentures.
Impact Justification
Trading suspension affects two debenture series but is standard procedure for redemption. Impact limited to debenture holders of specific securities.