Description

Trading suspended for two series of CIFCL debentures 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 two series of Non-Convertible Debentures (NCDs) issued by CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD effective January 16, 2026. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • Two NCD series of CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD will be suspended from trading
  • CIFCL-8.45%-31-1-26-NCD (ISIN: INE121A07RQ3, Code: 939220)
  • CIFCL-31-1-26-NCD (ISIN: INE121A07RR1, Code: 939222)
  • Record date set for January 16, 2026
  • Purpose: Redemption of debentures and payment of interest
  • No dealings permitted from January 16, 2026
  • Reference: DR-800/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance And Operations

Regulatory Changes

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

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from January 16, 2026
  • Trading members are required to take note of the suspension and inform their clients holding these securities
  • Compliance with the record date provisions for redemption and interest payment

Important Dates

  • Notice Date: January 9, 2026
  • Record Date: January 16, 2026
  • No Dealings From: January 16, 2026
  • Expected Maturity: January 31, 2026 (based on debenture nomenclature)

Impact Assessment

Market Impact: Low to medium. The suspension affects only two specific NCD series of Cholamandalam Investment and Finance Company Ltd. Holders of these debentures will not be able to trade them from January 16, 2026, but this is a standard procedure for redemption.

Investor Impact: Debenture holders as on the record date (January 16, 2026) will be eligible for interest payment and redemption proceeds. Those wishing to exit positions must do so before the no-dealings date.

Operational Impact: Standard corporate action with no unusual market disruption expected. Trading members need to update their systems to block trading in these specific ISINs from the specified date.

Impact Justification

Routine suspension for debenture redemption affecting specific debt instruments. Impact limited to holders of these two NCD series with clear record date and no dealings date.