Description

Trading suspended in AVANSE FINANCIAL SERVICES LIMITED 9.25% NCD maturing 01-02-26 from January 16, 2026 due to record date for redemption and interest payment on January 17, 2026.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of AVANSE FINANCIAL SERVICES LIMITED with ISIN INE087P07303 (Code: 974576). The suspension is effective from January 16, 2026, due to the company fixing January 17, 2026 as the record date for redemption of debentures and payment of interest.

Key Points

  • Trading suspension applies to AFSL-9.25%-01-02-26-PVT series NCDs
  • ISIN: INE087P07303, BSE Code: 974576
  • Record date: January 17, 2026
  • No dealings permitted from: January 16, 2026
  • Purpose: Redemption of debentures and payment of interest
  • Circular reference: DR-800/2025-2026

Regulatory Changes

No regulatory changes. This is a standard operational notice for trading suspension ahead of record date determination.

Compliance Requirements

  • Trading members must not deal in the specified debentures from January 16, 2026
  • Members are required to take note of the suspension and ensure compliance
  • All dealings in this security must cease before the no-dealings date

Important Dates

  • January 9, 2026: Notice issued
  • January 16, 2026: Trading suspension effective (no dealings from this date)
  • January 17, 2026: Record date for redemption and interest payment
  • February 1, 2026: Scheduled maturity date (as per debenture series name)

Impact Assessment

Market Impact: Low - This suspension affects only a specific privately placed debenture series of AVANSE FINANCIAL SERVICES LIMITED. The suspension is procedural and temporary, limited to determining eligible holders for redemption and interest payment.

Operational Impact: Minimal - Standard procedure for debenture redemption. Trading members need to ensure no transactions are executed in this specific ISIN from January 16, 2026. Investors holding these debentures will receive redemption proceeds and interest as per the terms of issuance.

Impact Justification

Routine trading suspension for a single privately placed debenture issue ahead of scheduled redemption. Limited market impact as this affects only specific NCD holders.