Description
Trading suspension notice for L&T Finance Limited debentures maturing on February 6, 2026, effective from February 1, 2025.
Summary
BSE has issued a suspension notice for trading in specific debentures of L&T Finance Limited that are scheduled to mature on February 6, 2026. The suspension is effective from February 1, 2025, and applies to the 8.75% NCD series (ISIN: INE691I07CM9, Scrip Code: 953403) with a record date of January 22, 2026.
Key Points
- L&T Finance Limited debenture series LTF-8.75%-6-2-26-PVT to be redeemed
- ISIN: INE691I07CM9
- Scrip Code: 953403
- Maturity Date: February 6, 2026
- Record Date: January 22, 2026
- Trading Members advised not to deal in these debentures from February 1, 2025
- Notice Reference: DR-810/2025-2026
Regulatory Changes
No regulatory changes. This is a standard operational notice for debenture maturity and redemption.
Compliance Requirements
- Trading Members must cease dealing in the specified L&T Finance debentures from February 1, 2025
- Members are required to take note of this suspension and ensure compliance
- No new transactions should be executed in the affected debenture series
Important Dates
- Notice Date: January 30, 2026
- Record Date: January 22, 2026
- Trading Suspension Effective Date: February 1, 2025
- Maturity/Redemption Date: February 6, 2026
Impact Assessment
This suspension affects holders and traders of L&T Finance’s 8.75% NCD series. The impact is limited to this specific debenture series and is a routine market operation associated with debt instrument maturity. Investors holding these NCDs will receive redemption proceeds as per the terms. Trading Members need to update their systems to prevent inadvertent trading in the suspended securities. The suspension ensures orderly settlement of the maturing debt instrument.
Impact Justification
Routine suspension for maturing debentures affecting debt market participants holding L&T Finance NCDs