Description

Trading suspended for AVANSE FINANCIAL SERVICES LIMITED debentures (AFSL-9.25%-01-02-26-PVT) from January 16, 2026 due to redemption and interest payment with record date January 17, 2026.

Summary

BSE has suspended trading in the debentures of AVANSE FINANCIAL SERVICES LIMITED (scrip code INE087P07303/974576) effective January 16, 2026. The suspension is due to the company fixing a record date of January 17, 2026 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

  • Debenture affected: AFSL-9.25%-01-02-26-PVT (INE087P07303, code 974576)
  • Record date for redemption and interest payment: January 17, 2026
  • No dealings permitted from: January 16, 2026
  • Circular reference: DR-800/2025-2026
  • Issued under corporate actions category for debt segment

Regulatory Changes

No regulatory changes announced. This is a standard operational circular for debenture redemption procedures.

Compliance Requirements

  • Trading members must not execute any trades in the specified AVANSE FINANCIAL SERVICES LIMITED debentures from January 16, 2026
  • Trading members must take note of the suspension and inform their clients accordingly
  • No dealings permitted in scrip code INE087P07303 (974576) during the suspension period

Important Dates

  • January 9, 2026: Circular notice date
  • January 16, 2026: Trading suspension effective date (no dealings from this date)
  • January 17, 2026: Record date for redemption and interest payment

Impact Assessment

Market Impact: Limited to holders and potential traders of AVANSE FINANCIAL SERVICES LIMITED debentures. The suspension affects a specific debt security series (9.25% debenture maturing 01-02-26) and is temporary in nature for redemption processing.

Operational Impact: Trading members must ensure compliance systems block trading in the specified scrip code. Investors holding these debentures will receive redemption proceeds and final interest payment based on the record date holdings.

Investor Impact: Debenture holders as of record date (January 17, 2026) will receive redemption proceeds and accrued interest. No trading opportunity available from January 16, 2026 onwards for exit or entry positions.

Impact Justification

Routine trading suspension for debenture redemption and interest payment affecting specific debt securities. Impact limited to holders of AFSL debentures.