Description

BSE suspends trading in three series of non-convertible debentures of SAMMAAN FINSERVE LIMITED from January 19, 2026 due to upcoming redemption and interest payment.

Summary

BSE has announced the suspension of trading in three series of non-convertible debentures (NCDs) issued by SAMMAAN FINSERVE LIMITED effective January 19, 2026. The suspension is due to the company fixing the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the no-dealings date.

Key Points

  • Three series of NCDs of SAMMAAN FINSERVE LIMITED to be suspended from trading
  • Record date fixed as January 19, 2026 for redemption and interest payment
  • No dealings permitted from January 19, 2026
  • Notice issued under reference number DR-801/2025-2026
  • Circular issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Affected Securities

SFIL-10.05%-2-2-26-NCD

  • ISIN: INE244L07333
  • Scrip Code: 938404
  • Coupon Rate: 10.05%

SFIL-2-2-26-NCD

  • ISIN: INE244L07309
  • Scrip Code: 938406

SFIL-9.61%-02-2-26-NCD

  • ISIN: INE244L07390
  • Scrip Code: 938408
  • Coupon Rate: 9.61%

Compliance Requirements

  • Trading members must not deal in the specified debentures from January 19, 2026
  • All market participants to note the trading suspension for these securities
  • Compliance with the no-dealings restriction is mandatory for all exchange members

Important Dates

  • Notice Date: January 13, 2026
  • Record Date: January 19, 2026
  • No Dealings From: January 19, 2026

Impact Assessment

This suspension has significant impact on debt market participants holding or intending to trade these debentures. Investors holding these securities will not be able to exit their positions through the exchange from January 19, 2026. The suspension facilitates the orderly redemption process and ensures proper payment of interest to eligible holders as of the record date. Market liquidity in these specific debenture series will be completely halted from the specified date.

Impact Justification

Complete suspension of trading in three debenture series affecting debt market participants and investors holding these securities