Description
Trading suspended in PIRAMAL FINANCE LIMITED debentures (INE140A07799) from February 12, 2026 due to redemption and interest payment with record date set for the same day.
Summary
BSE has suspended trading in specific non-convertible debentures of PIRAMAL FINANCE LIMITED (ISIN: INE140A07799, Code: 975446) effective February 12, 2026. The suspension is due to the company setting a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the suspension date.
Key Points
- Debenture series affected: PFL-9.35%-27-2-26-PVT (ISIN: INE140A07799)
- BSE Security Code: 975446
- Record date set: February 12, 2026
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from: February 12, 2026
- Notice reference: DR-819/2025-2026
- Issuer: PIRAMAL FINANCE LIMITED
Regulatory Changes
No regulatory framework changes. This is a standard corporate action procedure where trading is suspended ahead of redemption to ensure proper settlement and payment to rightful holders as on record date.
Compliance Requirements
- Trading members must cease all dealings in the specified debentures (INE140A07799) from February 12, 2026
- Members should update their trading systems to reflect the suspension
- No buy or sell orders should be accepted for this security from the suspension date
- Members must inform clients holding these debentures about the suspension and upcoming redemption
Important Dates
- Notice Date: February 10, 2026
- Record Date: February 12, 2026
- Trading Suspension Date: February 12, 2026
- Purpose Date: February 12, 2026 (redemption and interest payment)
Impact Assessment
Market Impact: Limited to holders and traders of the specific PIRAMAL FINANCE debenture series (INE140A07799). This is a standard corporate action with no broader market implications.
Investor Impact: Debenture holders as of record date (February 12, 2026) will receive their redemption amount and final interest payment. Post-suspension, secondary market trading will not be possible.
Operational Impact: Trading members need to update systems and ensure no trades are executed in this security from February 12, 2026. The 2-day notice period allows adequate time for system updates and client communication.
Liquidity Impact: Complete liquidity freeze for this specific debenture series from suspension date, which is expected as the instrument is reaching maturity and being redeemed.
Impact Justification
Impacts holders of specific PIRAMAL FINANCE debentures (INE140A07799) with immediate suspension from February 12, 2026. Limited to debt market participants and specific security holders.