Description
Trading suspended in debentures of AXIS FINANCE LIMITED due to record date set for redemption and interest payment on February 12, 2026.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures of AXIS FINANCE LIMITED (ISIN: INE891K07945, Code: 975448) effective February 12, 2026. The suspension is imposed as the company has fixed the record date for redemption of debentures and payment of interest on the same date.
Key Points
- Trading Members are advised not to deal in the specified debentures from February 12, 2026
- The debentures affected are AFL-8.35%-27-2-26-PVT series
- Record date fixed for both redemption and interest payment purposes
- Notice issued under DR-819/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification for debenture redemption.
Compliance Requirements
- Trading Members must cease all dealings in the specified debentures from February 12, 2026
- Trading Members are required to take note of this suspension and ensure compliance
- No transactions should be executed in ISIN INE891K07945 (Code: 975448) from the specified date
Important Dates
- Notice Date: February 10, 2026
- Record Date: February 12, 2026
- No Dealings From: February 12, 2026
Impact Assessment
Market Impact: High - Complete trading suspension affects liquidity for debenture holders who may need to exit positions before the suspension date.
Investor Impact: High - Debenture holders of AFL-8.35%-27-2-26-PVT series will receive their interest payment and principal redemption based on holdings as of the record date. Trading is prohibited from the record date onwards.
Operational Impact: Trading Members must update their systems to block transactions in the specified debenture ISIN from February 12, 2026 to ensure compliance with the suspension directive.
Impact Justification
Complete suspension of trading in specific debentures due to imminent redemption and interest payment affects all holders of these securities