Description
BSE suspends trading in KOSAMATTAM FINANCE LIMITED's 9% Non-Convertible Debentures effective January 23, 2026 due to record date for redemption and interest payment.
Summary
BSE has issued a notice regarding the suspension of trading in Non-Convertible Debentures of KOSAMATTAM FINANCE LIMITED. The company has fixed a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from January 23, 2026.
Key Points
- Trading suspension applies to KOSAMATTAM FINANCE LIMITED 9% Non-Convertible Debentures
- ISIN: INE403Q07CT7
- Scrip Code: 938121
- Record date set for January 23, 2026
- Purpose: Redemption of Debentures and Payment of Interest
- No dealings allowed from January 23, 2026
- Notice reference: DR-805/2025-2026
Regulatory Changes
No regulatory changes. This is a standard suspension notice for corporate action processing.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from January 23, 2026
- Trading members are required to take note of the suspension and inform their clients accordingly
- All dealing activities in ISIN INE403Q07CT7 (Scrip Code: 938121) must cease from the specified date
Important Dates
- Notice Date: January 16, 2026
- Record Date: January 23, 2026
- No Dealings From: January 23, 2026
Impact Assessment
The suspension affects holders and potential traders of KOSAMATTAM FINANCE LIMITED’s 9% Non-Convertible Debentures. Investors holding these debentures as of the record date will receive redemption proceeds and final interest payment. The suspension ensures orderly processing of the redemption corporate action. Impact is limited to debt market participants dealing with this specific security. Post-redemption, these debentures will cease to exist, and trading will not resume.
Impact Justification
Trading suspension for specific debenture series affects debt market participants holding or trading these securities. Impact limited to single issuer and specific ISIN.