Description
Trading suspended in CCIL-10.75%-13-2-26-NCD debentures from January 29, 2026 due to redemption and interest payment with record date set for the same date.
Summary
BSE has announced the suspension of trading in specific Non-Convertible Debentures (NCDs) of Chemmanur Credits and Investments Limited effective January 29, 2026. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the suspension date.
Key Points
- Trading suspension applies to CCIL-10.75%-13-2-26-NCD (ISIN: INE051307AZ7, Code: 939687)
- Record date set for January 29, 2026
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from January 29, 2026 onwards
- Notice issued under reference DR-808/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification.
Compliance Requirements
- Trading members must cease all dealings in the specified debentures from January 29, 2026
- Trading members are required to note and comply with the suspension directive
- No buy or sell transactions should be executed for the mentioned NCD series
Important Dates
- Notice Date: January 21, 2026
- Record Date: January 29, 2026
- Suspension Effective Date: January 29, 2026
Impact Assessment
Market Impact: Medium - affects holders and potential traders of the specific NCD series only. The suspension is temporary and related to routine corporate action of redemption and interest payment.
Investor Impact: High for existing debenture holders who need to be aware of the record date for receiving redemption proceeds and interest. No trading opportunity available after January 29, 2026.
Operational Impact: Trading members must update their systems to block trading in the specified security code (939687) from the effective date to ensure compliance.
Impact Justification
High severity for debenture holders as trading is suspended, but medium overall impact as it affects only specific NCD series. Standard corporate action with defined timeline.