Description
Trading suspended for L&T Finance Limited debentures (INE691I07CM9) maturing on February 6, 2026, effective from February 1, 2025.
Summary
BSE has announced the suspension of trading for specific debentures of L&T Finance Limited (Scrip Code: 953403, ISIN: INE691I07CM9) effective from February 1, 2025. The suspension is due to the maturity of these 8.75% Non-Convertible Debentures on February 6, 2026, with a record date of January 22, 2026.
Key Points
- Trading Members are advised not to deal in the specified debentures of L&T Finance Limited
- The debentures carry an 8.75% coupon rate
- ISIN: INE691I07CM9
- Scrip Code: 953403
- Notice Number: DR-810/2025-2026
Regulatory Changes
No regulatory changes. This is a standard operational notice for trading suspension prior to debt security maturity.
Compliance Requirements
- Trading Members must cease dealing in the specified L&T Finance Limited debentures from February 1, 2025
- Trading Members are required to take note of this suspension and ensure compliance
Important Dates
- Notice Date: January 30, 2026
- Record Date: January 22, 2026
- Trading Suspension Effective Date: February 1, 2025
- Maturity Date: February 6, 2026
Impact Assessment
Market Impact: Limited to holders and traders of this specific NCD series. The suspension is procedural and relates to the upcoming redemption of the debentures. Investors holding these NCDs will receive redemption proceeds on maturity. No broader market implications as this is a routine corporate action for maturing debt securities.
Impact Justification
Routine trading suspension due to upcoming debenture maturity. Impacts only specific debt instrument holders and traders dealing in these NCDs.