Description

Trading suspended in debentures (INE265J07506) of JM Financial Asset Reconstruction Company Ltd from January 16, 2026 due to redemption and interest payment with record date set for the same date.

Summary

BSE has announced the suspension of trading in debentures of JM Financial Asset Reconstruction Company Ltd (ISIN: INE265J07506, Scrip Code: 974582) effective January 16, 2026. The suspension is implemented due to the company fixing the record date for redemption of debentures and payment of interest on the same date.

Key Points

  • Trading Members are advised not to deal in the specified debentures from January 16, 2026
  • Debenture ISIN: INE265J07506 (JMFARCL-10.21%-2-2-26-PVT)
  • Scrip Code: 974582
  • Record date set for 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 procedural suspension in accordance with corporate action requirements.

Compliance Requirements

  • Trading Members must refrain from executing any trades in the specified debentures from January 16, 2026 onwards
  • Trading Members are required to take note of this suspension and communicate to relevant stakeholders
  • No dealings permitted in JMFARCL debentures (INE265J07506) from the suspension date

Important Dates

  • Notice Date: January 9, 2026
  • Record Date: January 16, 2026
  • Trading Suspension Date: January 16, 2026 (No dealings from this date)

Impact Assessment

Market Impact: Low - affects only specific debenture holders of JM Financial Asset Reconstruction Company Ltd.

Operational Impact: Minimal - routine corporate action suspension. Trading Members need to ensure compliance with the no-dealings directive.

Investor Impact: Limited to debenture holders who will receive redemption proceeds and interest payment. Investors holding these debentures should be aware that trading will not be possible from January 16, 2026.

Segment: Debt Market Segment only

Impact Justification

Routine trading suspension for a single debenture series ahead of redemption and interest payment. Impact limited to specific debenture holders of JM Financial ARC.