Description

Trading suspended in three series of non-convertible debentures of SAMMAAN FINSERVE LIMITED from January 19, 2026 for 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 implemented to facilitate the redemption of debentures and payment of interest to eligible holders as per the record date set by the company.

Key Points

  • Trading suspended in three NCD series: SFIL-10.05%-2-2-26-NCD (ISIN: INE244L07333), SFIL-2-2-26-NCD (ISIN: INE244L07309), and SFIL-9.61%-02-2-26-NCD (ISIN: INE244L07390)
  • Record date fixed as January 19, 2026 for determining eligible debenture holders
  • Purpose: Redemption of debentures and payment of interest
  • Trading members advised not to deal in these debentures from January 19, 2026
  • Notice reference: DR-801/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action procedure for debt securities redemption.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from January 19, 2026
  • Members are required to take note of the suspension and ensure compliance with the no-dealing directive
  • Debenture holders as of record date (January 19, 2026) will be eligible for redemption proceeds and interest payment

Important Dates

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

Impact Assessment

Market Impact: Limited impact as suspension affects only three specific debt securities of one issuer. Standard redemption process for maturing debentures.

Investor Impact: Debenture holders will receive redemption proceeds and accrued interest. Trading liquidity eliminated from suspension date, preventing secondary market transactions.

Operational Impact: Trading members must update systems to block trading in these ISINs from January 19, 2026. Routine operational adjustment for debt market participants.

Impact Justification

Temporary trading suspension for specific debt securities redemption affects debenture holders but is routine corporate action with limited market-wide impact