Description
BSE suspends trading in JM Financial Credit Solutions Ltd debentures (INE651J07887) effective February 10, 2025 due to full redemption via buyback.
Summary
BSE has announced the suspension of trading in Non Convertible Debentures of JM Financial Credit Solutions Ltd (JFCSL-7.26 GS 2032-2-3-26-PVT, ISIN: INE651J07887, Scrip Code: 974577) effective February 10, 2025. The suspension follows the company’s notification to the exchange regarding full redemption of these debentures through buyback.
Key Points
- JM Financial Credit Solutions Ltd has completed full redemption of its Non Convertible Debentures via buyback
- Affected debenture: JFCSL-7.26 GS 2032-2-3-26-PVT (ISIN: INE651J07887, Scrip Code: 974577)
- Trading suspension effective from February 10, 2025
- Trading members advised not to deal in the specified debentures
- Reference number: DR-817/2025-2026
Regulatory Changes
No new regulatory changes. This is a standard procedure following complete redemption of debt securities.
Compliance Requirements
- Trading members must not execute trades in the suspended debentures from February 10, 2025 onwards
- Trading members are required to take note of this suspension
- All market participants must ensure compliance with the trading suspension directive
Important Dates
- Notice Date: February 09, 2026
- Effective Date of Trading Suspension: February 10, 2025
Impact Assessment
The impact is limited to holders of this specific debenture issue. The suspension is a procedural action following full redemption and buyback completion. Trading members should update their systems to prevent inadvertent trading in these securities. No broader market or systemic impact expected.
Impact Justification
Routine suspension of debenture trading following full redemption. Affects only specific debt instrument holders, no broader market impact.