Description

Trading suspended from January 13, 2026 for two series of Edelweiss Financial Services debentures due to redemption and interest payment with record date set for January 13, 2026.

Summary

BSE has announced the suspension of trading in two series of Non-Convertible Debentures (NCDs) issued by Edelweiss Financial Services Ltd. effective January 13, 2026. The suspension is due to the company fixing a record date 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 NCD 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
  • Trading suspension effective from January 13, 2026
  • Notice reference: DR-797/2025-2026
  • Segment: Debt market

Regulatory Changes

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

Compliance Requirements

  • Trading members must not deal in the specified debentures from January 13, 2026
  • Trading members are required to take note of the suspension and ensure compliance
  • Investors holding these debentures on the record date will be eligible for interest payment and redemption proceeds

Important Dates

  • Notice Date: January 6, 2026
  • Record Date: January 13, 2026
  • No Dealings From: January 13, 2026
  • Redemption Date: January 29, 2026 (based on NCD nomenclature)

Impact Assessment

Market Impact: Medium - affects debenture holders and debt market participants dealing in Edelweiss Financial Services NCDs. The suspension is limited to two specific NCD series approaching maturity.

Investor Impact: Investors holding these debentures on the record date will receive their redemption proceeds and final interest payment. No trading will be possible from January 13, 2026 onwards.

Operational Impact: Trading members need to update their systems and ensure no transactions are executed in these securities post-suspension date. Standard corporate action processing for debenture redemption.

Impact Justification

Routine trading suspension for debenture redemption and interest payment affecting two NCD series with specific investor group impact