Description

BSE suspends trading in SML-12.50%-2-2-26-PVT debentures (ISIN: INE982X07416) from January 27, 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 SATYA MICROCAPITAL LIMITED effective January 27, 2026. The suspension is due to the company fixing the record date for redemption of debentures and payment of interest on the same date. Trading members are advised not to deal in the specified debentures.

Key Points

  • Trading suspended for debenture series: SML-12.50%-2-2-26-PVT
  • ISIN: INE982X07416
  • Scrip Code: 975367
  • No dealings permitted from January 27, 2026
  • Suspension applies to debt segment transactions
  • Notice issued under reference number DR-806/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from January 27, 2026
  • All trading members of the exchange must take note of this suspension
  • Members should inform clients holding these debentures about the trading restriction

Important Dates

  • Notice Date: January 21, 2026
  • Record Date: January 27, 2026 (for redemption and interest payment)
  • No Dealings From: January 27, 2026

Impact Assessment

Market Impact: High for debenture holders as they will be unable to trade these securities from the specified date. Investors holding these NCDs should plan any portfolio adjustments before January 27, 2026.

Operational Impact: Trading members must update their systems to block trades in this security. The suspension ensures proper settlement of redemption proceeds and interest payments to eligible holders as per the record date.

Investor Impact: Debenture holders on record date will receive redemption proceeds and final interest payment. Secondary market liquidity for this instrument ceases from January 27, 2026.

Impact Justification

Complete trading suspension affects debenture holders' ability to trade securities before redemption. Critical for investors holding these NCDs to note no dealings allowed from January 27, 2026.