Description

BSE announces suspension of trading in two series of non-convertible debentures of Cholamandalam Investment and Finance Company Ltd from January 16, 2026 due to redemption and interest payment.

Summary

BSE has issued a notice regarding suspension of trading in two series of non-convertible debentures (NCDs) of Cholamandalam Investment and Finance Company Ltd. The suspension is effective from January 16, 2026, due to the company fixing the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Two series of NCDs of Cholamandalam Investment and Finance Company Ltd will be suspended from trading
  • First NCD: CIFCL-8.45%-31-1-26-NCD (ISIN: INE121A07RQ3, Code: 939220)
  • Second NCD: CIFCL-31-1-26-NCD (ISIN: INE121A07RR1, Code: 939222)
  • Purpose: Redemption of debentures and payment of interest
  • Trading members instructed not to deal in these securities from the suspension date
  • Notice issued under reference DR-800/2025-2026

Regulatory Changes

No regulatory changes. This is a standard operational notice for debenture redemption process.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from January 16, 2026
  • Members must take note of the suspension and ensure compliance with the no-dealings instruction
  • Applicable to debt segment operations only

Important Dates

  • Notice Date: January 9, 2026
  • Record Date: January 16, 2026
  • No Dealings From: January 16, 2026

Impact Assessment

Market Impact: Low - This is a routine suspension affecting only two specific debenture series of one company. The suspension is temporary and relates to the redemption process.

Investor Impact: Low - Only investors holding these specific NCDs are affected. The suspension facilitates orderly redemption and interest payment.

Operational Impact: Minimal - Standard procedure for debt market operations. Trading members need to update their systems to block trades in the specified ISINs from the suspension date.

Impact Justification

Routine suspension for debenture redemption affecting only two specific NCD series with limited market impact