Description

Trading suspended in KLM AXIVA FINVEST LIMITED debentures (ISIN: INE01I507943) from January 22, 2026 due to redemption with record date set for the same date.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of KLM AXIVA FINVEST LIMITED effective January 22, 2026. The suspension is due to the company fixing the record date for redemption of its 9.85% debentures maturing on February 6, 2026. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • Company: KLM AXIVA FINVEST LIMITED
  • Security: KAFL-9.85%-6-2-26-NCD
  • ISIN: INE01I507943
  • Scrip Code: 939669
  • Record Date: January 22, 2026
  • Purpose: Redemption of Debentures
  • No Dealings From: January 22, 2026
  • Notice Number: DR-804/2025-2026

Regulatory Changes

No regulatory changes. This is a standard operational suspension as per exchange procedures for debenture redemption.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from January 22, 2026
  • Members should update their trading systems to reflect the suspension
  • No new transactions should be executed in the affected ISIN

Important Dates

  • January 16, 2026: Circular issued
  • January 22, 2026: Record date for redemption
  • January 22, 2026: Trading suspension effective date
  • February 6, 2026: Debenture maturity date (implied from security name)

Impact Assessment

The impact is limited to holders of this specific debenture series. The suspension is procedural and temporary, designed to facilitate smooth redemption processing. Market impact is minimal as this affects a single debt instrument of a private finance company. Trading members need to ensure compliance with the no-dealing requirement to avoid regulatory issues. Debenture holders should prepare for redemption proceeds as per the record date eligibility.

Impact Justification

Routine suspension affecting single debenture series of a private finvest company for redemption purposes. Limited market impact as it affects specific debt instrument holders only.