Description

Trading suspended in POONAWALLA FINCORP LIMITED debentures (INE511C07789) effective February 12, 2026 due to redemption record date.

Summary

BSE has issued a notice suspending trading in Non-Convertible Debentures (NCDs) of POONAWALLA FINCORP LIMITED effective February 12, 2026. The suspension is due to the company fixing a record date for redemption purposes. Trading members are advised not to deal in the specified debentures from the no-dealings date.

Key Points

  • Company: POONAWALLA FINCORP LIMITED
  • Debenture ISIN: INE511C07789
  • Series Code: PFL-REPO RATE-27-2-26-PVT (974627)
  • Record Date: February 12, 2026
  • No Dealings From: February 12, 2026
  • Purpose: Redemption of Debentures
  • Notice Number: 20260209-34
  • Reference: DR-819/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action procedure for debt securities redemption.

Compliance Requirements

  • Trading members must not execute any deals in the specified debentures from February 12, 2026
  • Trading members must take note of the suspension and update their trading systems accordingly
  • Members should communicate the suspension to relevant clients holding or interested in these debentures

Important Dates

  • February 9, 2026: Circular issued by BSE
  • February 12, 2026: Record date for redemption
  • February 12, 2026: Trading suspension effective date (no dealings from this date)

Impact Assessment

Market Impact: Medium - affects only holders and potential traders of this specific debenture series. The suspension is procedural and temporary, related to the redemption process.

Operational Impact: Trading members need to update their systems to prevent inadvertent trading in the suspended debenture. Existing holders will receive redemption proceeds as per the company’s redemption terms.

Investor Impact: Debenture holders will have their securities redeemed as per the terms. No trading opportunity available from the record date onwards for this series.

Impact Justification

Trading suspension affects specific debenture holders and trading members but limited to single series of debt securities with short notice period.