Description
BSE has suspended trading in GFL 8.52% Non-Convertible Debentures (INE09N307018) effective March 4, 2026, ahead of redemption and interest payment on that date.
Summary
BSE has notified trading members that Gujarat Fluorochemicals Limited has fixed a Record Date of March 4, 2026 for the redemption and interest payment on its 8.52% Non-Convertible Debentures (ISIN: INE09N307018, Scrip Code: 974687). Trading in these debentures is suspended with effect from March 4, 2026 (i.e., no dealings are permitted from that date onwards).
Key Points
- Trading suspension applies to: GFL-8.52%-20-3-26-PVT (ISIN: INE09N307018, Scrip Code: 974687)
- Record Date fixed: March 4, 2026
- Purpose: Redemption of Debentures and Payment of Interest
- No dealings permitted from: March 4, 2026
- Circular reference: DR-832/2025-2026
- Issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes introduced. This is a standard operational notice in accordance with BSE’s procedures for NCD redemptions, requiring trading members to halt transactions in the specified security ahead of the record date.
Compliance Requirements
- Trading members must not deal in the debenture GFL-8.52%-20-3-26-PVT (ISIN: INE09N307018 / Scrip Code: 974687) from March 4, 2026 onwards.
- Members should update their systems and alert desks to block or flag trades in this ISIN effective the no-dealings date.
Important Dates
| Event | Date |
|---|---|
| Circular Issue Date | February 23, 2026 |
| Record Date | March 4, 2026 |
| No Dealings From | March 4, 2026 |
| Debenture Maturity (implied by name) | March 20, 2026 |
Impact Assessment
The impact is limited and routine in nature. Only holders or prospective traders of Gujarat Fluorochemicals Limited’s 8.52% NCD maturing on March 20, 2026 are affected. The suspension prevents any last-minute secondary market transactions in this instrument after the record date, ensuring clean settlement for redemption proceeds and accrued interest. No broader market or equity-segment impact is expected.
Impact Justification
Routine pre-redemption trading suspension for a single NCD series; affects only holders of this specific debenture (INE09N307018) and has a defined, near-term effective date of March 4, 2026.