Description

Trading suspended in debentures of PRACHAY CAPITAL LIMITED from January 30, 2026 due to redemption on exercise of put option and interest payment.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of PRACHAY CAPITAL LIMITED effective January 30, 2026. The suspension is due to the company fixing a record date for redemption on exercise of put option and payment of interest. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Trading suspended for debentures with ISIN: INE0IID07710 (Code: 976847)
  • Debenture series: PCL-14%-14-8-29-UL-PVT
  • Record date set for January 30, 2026
  • Purpose: Redemption on exercise of put option and payment of interest
  • No dealings permitted from January 30, 2026
  • Notice reference: DR-809/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a corporate action notification requiring temporary trading suspension.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from January 30, 2026
  • Trading members must note the suspension and inform relevant stakeholders
  • No buy or sell transactions permitted in the affected debenture series

Important Dates

  • Notice Date: January 21, 2026
  • Record Date: January 30, 2026
  • No Dealings From: January 30, 2026

Impact Assessment

Market Impact: High - Complete trading suspension affects liquidity and investor ability to transact in these debentures. Holders of the debentures exercising put options will have their holdings redeemed.

Investor Impact: Investors holding these debentures cannot trade them from the suspension date. Those eligible can exercise put options for redemption and will receive interest payments as per the record date.

Operational Impact: Trading members must update their systems to block trades in the specified ISIN and communicate the suspension to clients holding or interested in these securities.

Impact Justification

Complete suspension of trading in specified debentures affecting investor transactions and market participants dealing with PRACHAY CAPITAL LIMITED debt instruments