Description

Trading suspended in debentures of Piramal Finance Limited (INE516Y07535) from February 6, 2026 due to scheduled redemption and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures of PIRAMAL FINANCE LIMITED (Code: PFL-3MOIS SPREAD-23-2-26-PVT, ISIN: INE516Y07535, Security Code: 976348) effective February 6, 2026. The suspension is due to the company fixing the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • Trading suspension applies to specific NCDs of Piramal Finance Limited
  • ISIN: INE516Y07535, Security Code: 976348
  • No dealings permitted from February 6, 2026
  • Purpose: Redemption of debentures and payment of interest
  • Notice issued under reference DR-815/2025-2026
  • Trading members must cease all transactions in the specified debentures

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification following existing BSE procedures for debenture redemption events.

Compliance Requirements

  • Trading members must not execute any deals in the specified debentures from February 6, 2026
  • All exchange members are required to take note of the suspension
  • Compliance with record date cut-off for determining eligible debenture holders

Important Dates

  • Notice Date: January 30, 2026
  • Record Date: February 6, 2026
  • No Dealings From: February 6, 2026

Impact Assessment

The suspension affects holders and potential traders of the specific Non-Convertible Debentures of Piramal Finance Limited. This is a routine corporate action with limited market-wide impact, primarily affecting debt segment participants dealing with this particular security. The suspension ensures orderly settlement of redemption and interest payment obligations to eligible debenture holders as of the record date. Trading members must update their systems to prevent inadvertent trades in the suspended security.

Impact Justification

Routine trading suspension for debenture redemption and interest payment. Affects specific debt security holders but follows standard corporate action procedures.