Description

Trading suspended in SATYA MICROCAPITAL LIMITED debentures (INE982X07416) from January 27, 2026 due to redemption and interest payment with record date set for the same date.

Summary

BSE has suspended trading in the non-convertible debentures of SATYA MICROCAPITAL LIMITED (ISIN: INE982X07416, Code: 975367) effective January 27, 2026. The suspension is implemented due to the company fixing the record date for redemption of debentures and payment of interest. Trading members are strictly advised not to deal in these debentures from the suspension date.

Key Points

  • Trading suspension applies to SML-12.50%-2-2-26-PVT series debentures
  • ISIN: INE982X07416, BSE Code: 975367
  • Record date for redemption and interest payment: January 27, 2026
  • No dealings permitted from January 27, 2026
  • Notice reference: DR-806/2025-2026
  • Coupon rate: 12.50%

Regulatory Changes

No regulatory framework changes. This is a standard corporate action requiring trading suspension as per existing debt market regulations.

Compliance Requirements

  • Trading members must immediately cease all trading activities in the specified debentures from January 27, 2026
  • Members must ensure no buy or sell orders are accepted for ISIN INE982X07416
  • Adherence to the no-dealing directive is mandatory
  • Members should update their trading systems to reflect the suspension

Important Dates

  • Notice Date: January 21, 2026
  • Record Date: January 27, 2026
  • Trading Suspension Date: January 27, 2026 (no dealings from this date)
  • Purpose Date: Redemption of debentures and payment of interest

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. The suspension is temporary and routine for redemption purposes.

Investor Impact: Debenture holders registered as of the record date will receive their redemption amount and final interest payment. Secondary market liquidity is eliminated from the suspension date, but this is expected for maturing instruments.

Operational Impact: Trading members must update their systems and ensure compliance with the no-dealing directive to avoid regulatory violations. The impact is limited to debt segment operations and does not affect equity trading.

Impact Justification

High severity due to complete trading suspension but medium impact as it affects only specific debenture holders of SATYA MICROCAPITAL LIMITED for redemption purposes.