Description

Trading suspended in PURVA OAK PRIVATE LIMITED debentures from January 27, 2026 due to early redemption and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in debentures of PURVA OAK PRIVATE LIMITED (ISIN: INE0SRE07015, Code: 975840) effective January 27, 2026. The suspension is implemented due to the company fixing a record date for early redemption of debentures and payment of interest. Trading members are advised not to deal in these securities from the no-dealings date.

Key Points

  • Debenture: POPL-12.50%-RESET RATE-19-11-2 (INE0SRE07015)
  • Scrip Code: 975840
  • Record Date: January 27, 2026
  • No Dealings From: January 27, 2026
  • Purpose: Early redemption of debentures and payment of interest
  • Notice Number: DR-806/2025-2026
  • Circular Date: January 21, 2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action procedure for debt securities undergoing early redemption.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from January 27, 2026
  • Members should inform clients holding these debentures about the trading suspension
  • No buy or sell orders should be accepted for the affected ISIN from the no-dealings date

Important Dates

  • January 21, 2026: Circular issued by BSE
  • January 27, 2026: Record date for early redemption and interest payment
  • January 27, 2026: Trading suspension begins (no dealings from this date)

Impact Assessment

Market Impact: Limited to holders of specific debentures of PURVA OAK PRIVATE LIMITED. The early redemption will provide liquidity to debenture holders who will receive principal repayment along with accrued interest.

Operational Impact: Trading members must update their systems to block trading in the affected ISIN (INE0SRE07015) from January 27, 2026. Clients holding these debentures should be notified about the redemption and interest payment.

Investor Impact: Debenture holders on record as of January 27, 2026 will be eligible for early redemption proceeds and interest payment. The suspension ensures clean settlement for the corporate action.

Impact Justification

Trading suspension affects specific debenture holders for early redemption and interest payment, limited to one private company's debt securities