Description
Trading suspended in PWFL debentures (INE511C07805) from January 22, 2026 due to redemption with record date set for the same day.
Summary
BSE has announced the suspension of trading in specific non-convertible debentures (NCDs) of Poonawalla Fincorp Limited effective January 22, 2026. The suspension is due to the company setting a record date for redemption of these debentures. Trading members are advised not to deal in the specified debentures from the suspension date.
Key Points
- Company: Poonawalla Fincorp Limited
- Security affected: PWFL-8.38%-6-2-26-PVT (ISIN: INE511C07805, Code: 975372)
- Record date for redemption: January 22, 2026
- Trading suspension effective: January 22, 2026
- Purpose: Redemption of non-convertible debentures
- Circular reference: DR-804/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard operational notice for corporate action processing.
Compliance Requirements
- Trading members must not execute any transactions in the specified debentures from January 22, 2026
- Trading members should update their systems to reflect the trading suspension
- Debenture holders on record as of January 22, 2026 will be eligible for redemption
Important Dates
- January 16, 2026: Notice issued by BSE
- January 22, 2026: Record date for redemption and effective date for trading suspension
Impact Assessment
Market Impact: Low - affects only holders of specific PWFL debentures with ISIN INE511C07805. This is a routine corporate action related to scheduled debenture redemption.
Operational Impact: Minimal - standard suspension procedure for debenture redemption. Trading members need to ensure compliance with no-dealing instruction from January 22, 2026.
Investor Impact: Investors holding these debentures as of the record date will receive redemption proceeds as per the terms of issuance. No trading opportunity available from suspension date onwards.
Impact Justification
Routine debenture redemption affecting single security with limited market-wide impact