Description
Trading suspended in CCIL debentures from January 29, 2026 due to record date fixed for redemption and interest payment.
Summary
BSE has suspended trading in Non-Convertible Debentures (NCDs) of Chemmanur Credits and Investments Limited effective January 29, 2026. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the suspension date.
Key Points
- Trading suspension applies to CCIL-10.75%-13-2-26-NCD (ISIN: INE051307AZ7, Code: 939687)
- Record date fixed for January 29, 2026
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from January 29, 2026 onwards
- Notice issued under reference DR-808/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard operational circular for suspension of trading due to corporate action.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from January 29, 2026
- Members must take note of the suspension and inform their clients holding these debentures
- Members should update their trading systems to prevent inadvertent trading
Important Dates
- Notice Date: January 21, 2026
- Record Date: January 29, 2026
- No Dealings From: January 29, 2026
Impact Assessment
Investor Impact: Debenture holders will receive their redemption proceeds and final interest payment based on holdings as of the record date. Investors cannot trade these securities from January 29, 2026.
Market Impact: Trading liquidity in these specific NCDs will cease from the suspension date. This is a routine corporate action with no broader market implications.
Operational Impact: Trading members must ensure compliance with the suspension and update client communications regarding redemption proceeds.
Impact Justification
Complete trading suspension in debentures affects investors' ability to trade and marks redemption event for bondholders