Description
Trading suspended in KLM AXIVA FINVEST LIMITED debentures (INE01I507943) from January 22, 2026 due to 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 due to the company fixing the record date for redemption of its 9.85% NCDs maturing on June 2, 2026. Trading members are advised not to deal in these debentures from the specified date.
Key Points
- Company: KLM AXIVA FINVEST LIMITED
- Debenture Series: 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 introduced. This is a standard corporate action notice for debenture redemption.
Compliance Requirements
- Trading members must cease dealing in the specified debentures from January 22, 2026
- Trading members are required to take note of the suspension and ensure no transactions occur in this security post the cut-off date
- Compliance with record date requirements for debenture redemption process
Important Dates
- Notice Date: January 16, 2026
- Record Date: January 22, 2026
- Trading Suspension Date: January 22, 2026
- Debenture Maturity: June 2, 2026 (as per series nomenclature)
Impact Assessment
Market Impact: Low to Medium - The suspension affects only a specific series of NCDs issued by KLM AXIVA FINVEST LIMITED. This is a routine corporate action with no broader market implications.
Investor Impact: Medium - Holders of these specific debentures will not be able to trade them from January 22, 2026. Investors planning to exit or enter positions must complete transactions before the suspension date. The redemption will be processed based on holdings as of the record date.
Operational Impact: Low - Standard procedure for BSE trading members to implement trading suspension on the specified security. Routine corporate action processing for debenture redemption.
Impact Justification
Routine debenture redemption affecting specific debt instrument holders. Limited market-wide impact but important for holders of this specific NCD series.