Description
Trading suspended in NMS-12.95%-2-11-28-PVT debentures from January 22, 2026 due to redemption with record date January 22, 2026.
Summary
BSE has suspended trading in Non-Convertible Debentures (NCDs) of NSPIRA Management Services Private Limited effective January 22, 2026. The suspension is due to the company fixing a record date for redemption of debentures. Trading members are advised not to deal in the specified debentures from the suspension date.
Key Points
- Trading suspended for debentures with ISIN INE0PFA07014 (Code: 975181)
- Debenture series: NMS-12.95%-2-11-28-PVT
- Record date for redemption: January 22, 2026
- No dealings permitted from: January 22, 2026
- Notice reference: DR-804/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action procedure for debenture redemption.
Compliance Requirements
- Trading members must not execute any transactions in the specified debentures from January 22, 2026
- Members must ensure compliance with the trading suspension directive
- All pending orders in the affected debentures should be cancelled or rejected
Important Dates
- Notice Date: January 20, 2026
- Record Date: January 22, 2026
- Trading Suspension Date: January 22, 2026
Impact Assessment
Market Impact: Low. The suspension affects only a single series of privately placed debentures of a private limited company, which typically has limited secondary market trading activity.
Investor Impact: Minimal. Debenture holders will receive redemption proceeds as per the redemption terms. Only those attempting to trade on or after January 22, 2026 will be affected by the suspension.
Operational Impact: Trading members need to update their systems to block trading in the specified ISIN from the suspension date.
Impact Justification
Routine debenture redemption affecting a single private limited company's NCDs with limited market participation