Description

Trading suspended in DCAL debentures from January 29, 2026 due to record date for redemption on exercise of put option and interest payment.

Summary

BSE has suspended trading in Non-Convertible Debentures (NCDs) of DISHMAN CARBOGEN AMCIS LTD (DCAL) effective January 29, 2026. The suspension is due to the company fixing the record date for redemption on exercise of put option and payment of interest on the debentures. Trading members are advised not to deal in the specified debentures.

Key Points

  • Trading suspended for DCAL debentures (ISIN: INE385W07034, Code: 975834)
  • Debenture series: DCAL-10.04%-15-7-26-PVT
  • Record date set for January 29, 2026
  • Purpose: Redemption on exercise of put option and payment of interest
  • No dealings permitted from January 29, 2026
  • Notice reference: DR-808/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action procedure where trading is suspended on and from the record date to determine eligible debenture holders for the put option redemption and interest payment.

Compliance Requirements

  • Trading members must not execute any trades in the specified DCAL debentures from January 29, 2026
  • Trading members must inform their clients about the trading suspension
  • Members should note the specific ISIN (INE385W07034) and debenture code (975834) to ensure proper identification

Important Dates

  • Notice Date: January 28, 2026
  • Record Date: January 29, 2026
  • No Dealings From: January 29, 2026

Impact Assessment

Market Impact: High - Complete trading suspension affects liquidity and investors’ ability to exit or enter positions in these debentures. Debenture holders who wish to exercise the put option must hold their securities through the record date.

Investor Impact: Investors holding these debentures should be aware that trading is halted. Those eligible on the record date will receive interest payment and have the option to redeem their debentures if they choose to exercise the put option. This affects portfolio liquidity for debenture holders.

Operational Impact: Trading members must update their systems to block trades in this specific debenture series and communicate the suspension to affected clients.

Impact Justification

Complete suspension of trading in debentures affecting investors holding or intending to trade DCAL debentures, with immediate effect from record date.