Description

Trading suspended in NEOGROWTH CREDIT PRIVATE LIMITED debentures (INE814O07493) from February 12, 2026 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in specific debentures of NEOGROWTH CREDIT PRIVATE LIMITED (ISIN: INE814O07493, Code: 975431) effective February 12, 2026. The suspension is implemented due to the company fixing a record date for redemption of its 11.75% Non-Convertible Debentures maturing on February 27, 2026. Trading members are strictly advised not to deal in these debentures from the no-dealings date.

Key Points

  • Debenture series affected: NCPL-11.75%-27-2-26-PVT
  • ISIN: INE814O07493
  • Scrip Code: 975431
  • Record date for redemption: February 12, 2026
  • No dealings permitted from: February 12, 2026
  • Circular reference: DR-819/2025-2026
  • Issuer: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No new regulatory changes introduced. This is a standard operational measure implemented in accordance with existing procedures for debenture redemption and record date fixation.

Compliance Requirements

  • Trading members must immediately cease all dealings in the specified debentures from February 12, 2026
  • No buy or sell transactions should be executed in these debentures on or after the no-dealings date
  • Trading members must ensure their systems and processes reflect this suspension
  • Debenture holders on record as of February 12, 2026 will be eligible for redemption proceeds

Important Dates

  • February 9, 2026: Circular issued
  • February 12, 2026: Record date for redemption
  • February 12, 2026: No dealings effective date (trading suspension begins)
  • February 27, 2026: Debenture maturity date

Impact Assessment

Market Impact: High for holders of these specific debentures as trading liquidity is completely eliminated from the no-dealings date. Investors holding these securities will not be able to exit positions through secondary market trading.

Operational Impact: Trading members must update their systems to block transactions in this specific ISIN. Settlement and clearing processes for any pending trades executed before February 12, 2026 must be completed.

Investor Impact: Debenture holders will receive redemption proceeds based on the record date. Those seeking to sell must have done so before February 12, 2026. The suspension ensures clean record-keeping for redemption processing without secondary market interference.

Impact Justification

Complete trading suspension for specific debenture series affecting debt market participants and debenture holders with immediate effect from record date