Description

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

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 implemented as the company has set a record date for redemption of its 9.85% debentures maturing on February 6, 2026. Trading members are advised not to deal in these securities from the suspension date.

Key Points

  • Trading suspended for KAFL-9.85%-6-2-26-NCD (ISIN: INE01I507943, Scrip Code: 939669)
  • Record date for redemption: January 22, 2026
  • No dealings permitted from: January 22, 2026
  • Coupon rate: 9.85%
  • Notice reference: DR-804/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debenture redemption.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from January 22, 2026
  • Members must ensure their systems are updated to reflect the trading suspension
  • Compliance with the record date requirements for redemption purposes

Important Dates

  • January 16, 2026: Circular issued
  • January 22, 2026: Record date for redemption
  • January 22, 2026: Trading suspension effective date
  • February 6, 2026: Expected debenture maturity date

Impact Assessment

Market Impact: Low - This is a routine corporate action affecting a single debenture series. The suspension is procedural and relates to the normal redemption process.

Operational Impact: Minimal - Trading members need to update their systems to prevent trading in the specified security. Standard procedure for debt market operations.

Investor Impact: Neutral to Positive - Debenture holders will receive their redemption proceeds as per the scheduled maturity. The trading suspension ensures proper settlement and prevents complications during the redemption process.

Impact Justification

Routine corporate action affecting a single debenture series of one company. Limited market-wide impact as this is a standard redemption process.