Description

Trading suspended in Lendingkart Finance Limited debentures (INE090W08038) from January 13, 2026 due to redemption on exercise of call option and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures of Lendingkart Finance Limited (ISIN: INE090W08038, Code: 975718) effective January 13, 2026. The suspension is implemented to facilitate redemption on exercise of call option and payment of interest, with the record date fixed for January 13, 2026. Trading members are advised not to deal in these debentures from the effective date.

Key Points

  • Trading suspension effective from January 13, 2026
  • Debenture details: LFL-16%-20-5-26-PVT (ISIN: INE090W08038, Code: 975718)
  • Record date for redemption: January 13, 2026
  • Purpose: Redemption on exercise of call option and payment of interest
  • Notice reference: DR-787/2025-2026
  • Trading members must not deal in these debentures from the suspension date

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notice for debenture redemption processing.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from January 13, 2026
  • Trading members are required to take note of the suspension and ensure compliance with the no-dealings restriction
  • Debenture holders should be informed about the redemption process and interest payment

Important Dates

  • Notice Date: January 8, 2026
  • Record Date: January 13, 2026
  • No Dealings From: January 13, 2026
  • Redemption Date: January 13, 2026 (on exercise of call option)

Impact Assessment

The impact is limited to holders of Lendingkart Finance Limited’s specific debenture series (LFL-16%-20-5-26-PVT). The trading suspension is a routine corporate action measure to facilitate smooth redemption processing and interest payment distribution. Debenture holders with holdings as of the record date will be eligible for redemption proceeds and accrued interest. Trading members must ensure their systems and operations reflect the suspension to avoid inadvertent trades in these securities. The suspension is temporary and specific to this redemption event.

Impact Justification

Medium importance as it affects specific debenture holders of Lendingkart Finance Limited with trading suspension from January 13, 2026. Impact is limited to debenture holders of this particular security (INE090W08038) who need to be aware of the no-dealings restriction for redemption and interest payment processing.