Description
Trading suspended in Lendingkart Finance Limited debentures (INE090W07675) from February 6, 2026 due to scheduled 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 (ISIN: INE090W07675, Code: 975428) effective February 6, 2026. The suspension is implemented due to the company’s scheduled redemption of debentures and interest payment with a record date of February 8, 2026. Trading members are strictly advised not to deal in these debentures during the suspension period.
Key Points
- Debenture series: LFL-11.33%-23-2-26-PVT (11.33% coupon rate)
- ISIN: INE090W07675
- BSE Code: 975428
- Record date for redemption and interest payment: February 8, 2026
- No dealings permitted from: February 6, 2026
- Circular reference: DR-815/2025-2026
- Issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification implementing existing procedures for debenture redemption and record date fixing.
Compliance Requirements
- Trading Members: Must not execute any trades in the specified debentures (INE090W07675) from February 6, 2026 onwards
- Brokers: Should update their systems to prevent trading in these debentures during the suspension period
- Investors: Cannot buy or sell these debentures through the exchange from the suspension date
Important Dates
- January 30, 2026: Circular issued
- February 6, 2026: Trading suspension begins (no dealings permitted)
- February 8, 2026: Record date for redemption and interest payment
Impact Assessment
Market Impact: Limited to holders of this specific debenture series of Lendingkart Finance Limited. The suspension is temporary and procedural, related to the maturity and redemption process.
Investor Impact: Debenture holders will receive their redemption proceeds and final interest payment based on the February 8, 2026 record date. No new investors can enter positions after February 5, 2026.
Operational Impact: Trading systems must be updated to block transactions in this security. Settlement of any pending trades executed before February 6, 2026 will proceed normally.
Impact Justification
Affects specific debenture holders of Lendingkart Finance Limited; trading suspension is temporary and related to standard corporate action of redemption and interest payment