Description

Trading suspended for ARMAN FINANCIAL SERVICES LIMITED debentures (INE109C07097) from January 16, 2026 due to record date for redemption and interest payment.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of ARMAN FINANCIAL SERVICES LIMITED with effect from 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 the specified debentures from the suspension date.

Key Points

  • Company: ARMAN FINANCIAL SERVICES LIMITED
  • ISIN: INE109C07097
  • Scrip Code: 975626
  • Debenture Series: AFSL-10.20%-25-1-26-PVT
  • Record Date: January 16, 2026
  • No Dealings From: January 16, 2026
  • Purpose: Redemption of Debentures and Payment of Interest
  • Notice Reference: DR-800/2025-2026

Regulatory Changes

No regulatory changes. This is a standard operational measure in line with existing market practices for handling corporate actions on debt securities.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures (ISIN: INE109C07097) from January 16, 2026
  • Members must ensure compliance with the no-dealings restriction to avoid settlement issues
  • Trading members should update their systems to reflect the trading suspension

Important Dates

  • Circular Date: January 9, 2026
  • Record Date: January 16, 2026
  • Trading Suspension Effective From: January 16, 2026

Impact Assessment

Market Impact: Low - affects only holders of this specific debenture series. The suspension is temporary and routine for record date processing.

Investor Impact: Low - existing debenture holders will receive their redemption proceeds and interest as per the terms. No new trading activity will be permitted from the record date.

Operational Impact: Minimal - standard procedure for debt market participants. Trading members need to ensure their systems prevent execution of orders for this ISIN from January 16, 2026.

Impact Justification

Routine administrative suspension for a single debenture series due to record date. Limited to specific ISIN, affects only debenture holders of this particular issue.