Description

Trading suspended in debentures (INE265J07506) from January 16, 2026 due to redemption and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in non-convertible debentures (NCD) of JM Financial Asset Reconstruction 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 the specified debentures from the suspension date.

Key Points

  • Company: JM Financial Asset Reconstruction Company Ltd (Code: JMFARCL)
  • ISIN: INE265J07506 (974582)
  • Debenture type: 10.21% Non-Convertible Debentures
  • 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 corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures (INE265J07506) from January 16, 2026
  • Members are required to take note of the suspension and inform their clients accordingly
  • All trading activity in these debentures must cease on the specified date

Important Dates

  • January 9, 2026: Circular issued
  • January 16, 2026: Record date for redemption and interest payment
  • January 16, 2026: Trading suspension effective date

Impact Assessment

Market Impact: Low - This is a routine corporate action affecting a single debt instrument. The suspension is temporary and limited to debenture holders of JM Financial Asset Reconstruction Company Ltd.

Investor Impact: Low to medium for debenture holders - Investors holding these debentures will receive their redemption amount and final interest payment. No trading will be possible from the record date.

Operational Impact: Minimal - Standard procedure for debenture redemption that trading members regularly handle. No system changes or special procedures required beyond blocking trades in the specified ISIN.

Impact Justification

Routine suspension for debenture redemption affecting single debt instrument with limited market-wide impact