Description

Trading suspended in NAVI FINSERV LIMITED debentures (INE342T07528) from January 29, 2026 due to redemption and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of NAVI FINSERV LIMITED effective January 29, 2026. The suspension is implemented due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are strictly advised not to deal in the specified debentures from the suspension date.

Key Points

  • Debenture ISIN: INE342T07528 (Code: 975914)
  • Debenture Series: NFL-10.40%-13-2-26-PVT (10.40% coupon rate)
  • Record Date: January 29, 2026
  • No Dealings From: January 29, 2026
  • Purpose: Redemption of Debentures and Payment of Interest
  • Notice Reference: DR-808/2025-2026
  • Issuer Authority: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notice implementing existing trading suspension protocols for debenture redemption activities.

Compliance Requirements

  • Trading members must cease all trading activities in the specified NAVI FINSERV LIMITED debentures from January 29, 2026
  • Members must update their systems to reflect the trading suspension
  • No buy or sell orders should be accepted for ISIN INE342T07528 from the specified date
  • Trading members are required to inform their clients holding these debentures about the suspension

Important Dates

  • January 21, 2026: Notice issued
  • January 29, 2026: Record date for interest payment and redemption
  • January 29, 2026: Trading suspension effective date (no dealings from this date)

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. The suspension is temporary and related to scheduled corporate action (redemption and interest payment).

Investor Impact: Debenture holders as of the record date will receive their interest payment and redemption proceeds. No trading liquidity will be available from January 29, 2026 onwards.

Operational Impact: Trading members must ensure compliance with the no-dealing directive and update their trading systems accordingly to prevent inadvertent transactions in the suspended security.

Impact Justification

High severity due to trading suspension, but medium impact as it affects only specific debenture holders of NAVI FINSERV LIMITED with scheduled redemption activity