Description
Trading suspended in INDOSTAR CAPITAL FINANCE LIMITED debentures (ICFL-9.95%-28-2-26-PVT) from February 13, 2026 due to redemption and interest payment with record date set for the same day.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures of INDOSTAR CAPITAL FINANCE LIMITED (ISIN: INE896L07959, Code: 975444) effective February 13, 2026. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.
Key Points
- Trading suspension applies to ICFL-9.95%-28-2-26-PVT debentures
- ISIN: INE896L07959, BSE Code: 975444
- Record date set for February 13, 2026
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from February 13, 2026
- Circular reference: DR-820/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action notification for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from February 13, 2026
- Members are required to take note of the suspension and ensure compliance
- All trading activity in ICFL-9.95%-28-2-26-PVT debentures must cease on the specified date
Important Dates
- Notice Date: February 10, 2026
- Record Date: February 13, 2026
- No Dealings From: February 13, 2026
Impact Assessment
Market Impact: Medium - The trading suspension affects holders of specific INDOSTAR CAPITAL FINANCE LIMITED debentures. This is a routine corporate action for debt instruments approaching maturity.
Operational Impact: Debenture holders will receive their principal redemption and final interest payment based on holdings as of the record date. Trading members must update their systems to prevent any trades in these securities from February 13, 2026. The suspension is specific to one debenture series and does not affect other securities of the company.
Impact Justification
Routine trading suspension for debenture redemption affecting specific debt instrument holders. High severity for affected debenture holders but limited to single issuance. Medium market impact as this is standard corporate action procedure.