Description

BSE suspends trading in NEOGROWTH CREDIT PRIVATE LIMITED's 11.75% Non-Convertible Debentures from February 12, 2026, due to redemption with record date set for the same day.

Summary

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

Key Points

  • Trading suspension for NEOGROWTH CREDIT PRIVATE LIMITED’s NCDs (ISIN: INE814O07493, Code: 975431)
  • Debenture carries 11.75% interest rate with maturity date of February 27, 2026
  • Record date for redemption: February 12, 2026
  • No dealings permitted from February 12, 2026 onwards
  • Notice reference: DR-819/2025-2026
  • Segment: Debt Market

Regulatory Changes

No regulatory changes introduced. This is a standard operational notice for debenture redemption procedures.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from February 12, 2026
  • Members are required to note the suspension and ensure compliance with no-dealings instruction
  • Affected ISIN: INE814O07493 (Scrip Code: 975431)

Important Dates

  • Notice Date: February 9, 2026
  • Record Date: February 12, 2026
  • No Dealings From: February 12, 2026
  • Debenture Maturity Date: February 27, 2026

Impact Assessment

The impact is limited to holders of this specific privately placed debenture series. This is a routine corporate action for debt instrument redemption. Trading members dealing in debt securities need to update their systems to block trading in the specified ISIN. No broader market impact expected as this affects a single private debt instrument nearing maturity.

Impact Justification

Routine suspension for debenture redemption affecting a single privately placed debt instrument. Limited market impact as it concerns private debentures with specific investor base.