Description

BSE has suspended trading in debentures of Gujarat Fluorochemicals Limited (GFL-8.52%-20-3-26-PVT) ahead of the record date for redemption and interest payment on March 4, 2026.

Summary

BSE has directed trading members not to deal in the Non-Convertible Debentures of Gujarat Fluorochemicals Limited with effect from March 4, 2026, ahead of the fixed record date for redemption and interest payment on the debenture series GFL-8.52%-20-3-26-PVT (ISIN: INE09N307018, Code: 974687).

Key Points

  • Trading in debentures of Gujarat Fluorochemicals Limited (ISIN: INE09N307018, BSE Code: 974687) is suspended from March 4, 2026.
  • The debenture series is identified as GFL-8.52%-20-3-26-PVT, carrying a coupon rate of 8.52%.
  • Record date is fixed as March 4, 2026 for both redemption of debentures and payment of interest.
  • Notice reference: DR-832/2025-2026, BSE Notice No. 20260223-39.
  • All trading members on the Exchange’s Debt segment are required to comply.

Regulatory Changes

No new regulatory changes introduced. This is a standard operational notice under BSE’s listing compliance framework requiring suspension of trading in a specific debenture series prior to its record date.

Compliance Requirements

  • Trading members must cease dealing in the debentures of Gujarat Fluorochemicals Limited (ISIN: INE09N307018 / Code: 974687) from March 4, 2026 onwards.
  • Members should update their systems and alert desks to block transactions in this ISIN on or after the record date.

Important Dates

  • February 23, 2026: BSE notice issued.
  • March 4, 2026: Record date for redemption and interest payment; no dealings permitted from this date.

Impact Assessment

The suspension affects only holders and prospective traders of the specific NCD series (GFL-8.52%-20-3-26-PVT) in the debt market segment. The debenture is due for full redemption on or around March 20, 2026 (as indicated by the series name), so this suspension is a routine pre-redemption measure with limited broader market impact. Existing holders will receive redemption proceeds and final interest as per the company’s schedule.

Impact Justification

Routine debenture trading suspension ahead of redemption and interest payment record date; affects only holders of the specific NCD series INE09N307018 (code 974687).