Description
Trading suspended in SML-10.40%-23-2-26-PVT debentures from February 6, 2026 due to record date for redemption and interest payment.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of SATYA MICROCAPITAL LIMITED (ISIN: INE982X07440, Code: 975946) effective February 6, 2026. The suspension is due to the record date set for February 8, 2026 for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures during the suspension period.
Key Points
- Company: SATYA MICROCAPITAL LIMITED
- Debenture: SML-10.40%-23-2-26-PVT
- ISIN: INE982X07440
- Scrip Code: 975946
- Record Date: February 8, 2026
- No Dealings From: February 6, 2026
- Purpose: Redemption of Debentures and payment of interest
- Notice Number: DR-815/2025-2026
Regulatory Changes
No regulatory changes. This is a standard trading suspension procedure in accordance with BSE’s existing rules for corporate actions on debt securities.
Compliance Requirements
- Trading members must cease all trading activity in the specified debentures from February 6, 2026
- Trading members should inform their clients holding these debentures about the suspension
- No buy or sell transactions should be executed for ISIN INE982X07440 during the suspension period
Important Dates
- January 30, 2026: Circular issued
- February 6, 2026: Trading suspension begins (no dealings from this date)
- February 8, 2026: Record date for redemption and interest payment
Impact Assessment
Market Impact: Limited to holders of this specific debenture series. The suspension is temporary and relates to a standard corporate action for debt securities.
Investor Impact: Debenture holders as on the record date will receive their redemption proceeds and interest payment. Trading liquidity is suspended for two business days to determine eligible holders.
Operational Impact: Trading members must update their systems to block trading in this scrip from February 6, 2026. Standard operational procedure for record date-related suspensions in the debt segment.
Impact Justification
Standard trading suspension for debenture redemption and interest payment. Impacts specific debt security holders but is a routine corporate action with limited market-wide impact.