Description

Trading suspended in L&T Finance Limited debentures (INE235P07183) from February 9, 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 L&T Finance Limited (Code: LTF-8.73%-24-2-26-PVT, ISIN: INE235P07183, Security Code: 953498) effective February 9, 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

  • Company: L&T Finance Limited
  • Debenture Code: LTF-8.73%-24-2-26-PVT
  • ISIN: INE235P07183
  • Security Code: 953498
  • Record Date: February 9, 2026
  • Purpose: Redemption of Debentures and Payment of Interest
  • No dealings permitted from: February 9, 2026
  • Notice Number: DR-816/2025-2026

Regulatory Changes

No regulatory changes are introduced in this circular. This is a standard corporate action notice regarding debenture redemption and trading suspension.

Compliance Requirements

  • Trading members must not deal in the specified debentures of L&T Finance Limited from February 9, 2026
  • All trading members are required to take note of this suspension and ensure compliance
  • Members must communicate this restriction to their clients holding or interested in these debentures

Important Dates

  • Notice Date: February 2, 2026
  • Record Date: February 9, 2026
  • Trading Suspension Effective Date: February 9, 2026

Impact Assessment

Market Impact: High - Complete trading suspension affects liquidity and market access for debenture holders. Investors holding these debentures will be unable to trade them from the suspension date.

Investor Impact: High - Debenture holders need to be aware that they cannot exit their positions after February 9, 2026. The redemption and interest payment will proceed as per the record date, benefiting holders as of that date.

Operational Impact: Medium - Trading members must update their systems and communicate restrictions to affected clients promptly to ensure compliance with the no-dealing directive.

Impact Justification

Complete trading suspension for debenture holders with immediate effect from record date for redemption and interest payment