Description

BSE suspends trading in two series of non-convertible debentures of INDEL MONEY LIMITED effective January 28, 2026, due to record date for interest payment and redemption.

Summary

BSE has suspended trading in two series of non-convertible debentures (NCDs) issued by INDEL MONEY LIMITED effective January 28, 2026. The suspension is implemented due to the company fixing a record date for interest payment and redemption of the debentures. Trading members are advised not to deal in these securities from the specified date.

Key Points

  • Two NCD series of INDEL MONEY LIMITED affected by trading suspension
  • IML-9.75%-13-2-26-NCD (ISIN: INE0BUS07AX7, Code: 939256) - suspended for redemption and interest payment
  • IML-13-2-26-NCD (ISIN: INE0BUS07AW9, Code: 939258) - suspended for redemption only
  • Record date fixed as January 28, 2026
  • No dealings permitted from January 28, 2026
  • Notice reference: DR-807/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action procedure for debenture redemption and interest payment.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from January 28, 2026
  • Trading members should update their systems to reflect the trading suspension
  • Members must inform clients holding these debentures about the suspension and redemption process

Important Dates

  • Notice Date: January 20, 2026
  • Record Date: January 28, 2026
  • Trading Suspension Date: January 28, 2026

Impact Assessment

Market Impact: High - Complete trading suspension prevents any secondary market transactions in these debentures. Investors holding these securities will not be able to trade them from the suspension date.

Investor Impact: Debenture holders as of the record date will receive their interest payments and principal redemption. Those attempting to trade after the suspension date will be unable to execute transactions.

Operational Impact: Trading members must update their systems and communicate with affected clients regarding the suspension and upcoming redemption process.

Impact Justification

Complete trading suspension in debentures due to imminent redemption affects all holders and trading members dealing in these securities