Description

Trading suspended in specific debentures of Piramal Finance Limited due to record date for interest payment and redemption scheduled for February 12, 2026.

Summary

BSE has announced the suspension of trading in specific non-convertible debentures (NCDs) of Piramal Finance Limited effective February 12, 2026. The suspension is due to the company fixing a record date for interest payment and redemption of debentures. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Company: PIRAMAL FINANCE LIMITED
  • Debenture: PFL-9.35%-27-2-26-PVT (ISIN: INE140A07799, Code: 975446)
  • Record Date: February 12, 2026
  • Purpose: Redemption of Debentures and Payment of Interest
  • No Dealings From: February 12, 2026
  • Circular Reference: DR-819/2025-2026
  • Issued By: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes introduced. This is a standard procedural suspension related to corporate action on debt securities.

Compliance Requirements

  • Trading members must not deal in the specified debentures (ISIN: INE140A07799) from February 12, 2026
  • Trading members are required to take note of the suspension and ensure compliance
  • No transactions should be executed in the affected debentures from the specified date

Important Dates

  • February 10, 2026: Circular issued
  • February 12, 2026: Record date for interest payment and redemption
  • February 12, 2026: Trading suspension effective date (no dealings from this date)

Impact Assessment

Market Impact: Limited to holders and traders of the specific debenture series (PFL-9.35%-27-2-26-PVT). This is a routine corporate action with minimal broader market impact.

Operational Impact: Trading members must update their systems to block trading in the specified ISIN from February 12, 2026. Debenture holders will receive their interest payment and redemption proceeds as per the company’s schedule.

Investor Impact: Debenture holders on record as of February 12, 2026 will be eligible for interest payment and redemption. No further trading opportunity will be available for this instrument after the suspension date.

Impact Justification

Routine suspension for debenture redemption and interest payment; affects specific debt instruments only with limited market-wide impact