Description

Trading suspended in debentures of Lendingkart Finance Limited from February 6, 2026 due to upcoming redemption and interest payment with record date of February 8, 2026.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of Lendingkart Finance Limited effective from February 6, 2026. The suspension is imposed due to the company fixing a record date of February 8, 2026 for redemption of debentures and payment of interest. Trading members are strictly advised not to deal in the specified debentures.

Key Points

  • Trading suspended for Lendingkart Finance Limited debentures (ISIN: INE090W07675, Code: LFL-11.33%-23-2-26-PVT, Scrip Code: 975428)
  • No dealings permitted from February 6, 2026 onwards
  • Record date set for February 8, 2026
  • Purpose: Redemption of debentures and payment of interest
  • Circular reference: DR-815/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory framework changes. This is a standard administrative action for debenture redemption and interest payment processing.

Compliance Requirements

  • Trading members must immediately cease all trading activities in the specified debentures from February 6, 2026
  • No new positions or deals should be executed in these securities
  • Members must update their systems to reflect the trading suspension
  • All stakeholders must take note of the record date for entitlement purposes

Important Dates

  • January 30, 2026: Notice issued
  • February 6, 2026: Trading suspension effective date (no dealings from this date)
  • February 8, 2026: Record date for redemption and interest payment

Impact Assessment

Market Impact: High - Complete cessation of trading activity in these debentures affects liquidity and investor ability to exit positions before redemption.

Investor Impact: High - Debenture holders cannot trade their holdings from February 6, 2026. Only investors holding the debentures as of the February 8, 2026 record date will be entitled to redemption proceeds and interest payment.

Operational Impact: Trading members must ensure compliance with the suspension directive and update their trading systems accordingly to prevent inadvertent trades in the suspended securities.

Impact Justification

Complete trading suspension for debenture holders with immediate effect from February 6, 2026, directly impacting liquidity and trading positions in these debt securities.