Description

Trading suspended in KLM AXIVA FINVEST LIMITED's 9.85% Non-Convertible Debentures 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 a record date for redemption of its 9.85% NCDs maturing on February 6, 2026. Trading members are advised not to deal in these debentures from the suspension date.

Key Points

  • Trading suspended for KLM AXIVA FINVEST LIMITED NCDs (ISIN: INE01I507943, Scrip Code: 939669)
  • Debenture series: KAFL-9.85%-6-2-26-NCD with 9.85% coupon rate
  • Record date for redemption: January 22, 2026
  • No dealings permitted from: January 22, 2026
  • Notice number: DR-804/2025-2026
  • Issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes introduced. This is a routine administrative action for debenture redemption.

Compliance Requirements

  • Trading members must not deal in the specified debentures from January 22, 2026
  • All market participants must note the suspension and record date
  • No new trades should be executed in ISIN INE01I507943 from the suspension date

Important Dates

  • January 16, 2026: Circular issued
  • January 22, 2026: Record date for redemption
  • January 22, 2026: Trading suspension effective from this date
  • February 6, 2026: Debenture maturity date (based on instrument nomenclature)

Impact Assessment

The impact is limited to holders of this specific debenture series of KLM AXIVA FINVEST LIMITED. The suspension is a standard procedure for facilitating redemption and does not indicate any adverse corporate action or financial distress. Market-wide impact is minimal as this affects only a single debt instrument. Debenture holders can expect redemption proceeds as per the terms of issuance after the record date is finalized.

Impact Justification

Routine debenture redemption affecting a single debt instrument with limited market-wide impact. Standard administrative suspension for redemption purposes.