Description
BSE has suspended trading in Non-Convertible Debentures of Prachay Capital Limited (ISIN: INE0IID07694) effective 04 March 2026, due to the record date fixed for redemption on exercise of PUT option and payment of interest.
Summary
BSE has directed trading members to suspend dealings in the Non-Convertible Debentures (NCDs) of Prachay Capital Limited effective 04 March 2026. The suspension is triggered by the company fixing a record date for redemption on exercise of a PUT option and payment of interest on the debenture series PCL-14%-19-9-29-UL-PVT (ISIN: INE0IID07694, scrip code 976848).
Key Points
- Trading in debenture series PCL-14%-19-9-29-UL-PVT (ISIN: INE0IID07694, scrip code: 976848) must cease from 04 March 2026.
- The record date is set for 04 March 2026 for dual purposes: Redemption on Exercise of PUT Option and Payment of Interest.
- The circular is issued under reference DR-832/2025-2026.
- Issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations.
Regulatory Changes
No new regulatory framework changes. This is an operational notice under existing BSE rules governing suspension of trading in debt securities ahead of corporate action record dates.
Compliance Requirements
- All trading members of BSE are required to stop dealing in the specified debentures of Prachay Capital Limited from 04 March 2026.
- Members must ensure no buy or sell orders are placed for ISIN INE0IID07694 on or after the no-dealings date.
Important Dates
| Event | Date |
|---|---|
| Circular Date | 23 February 2026 |
| Record Date | 04 March 2026 |
| No Dealings From | 04 March 2026 |
Impact Assessment
This suspension affects trading members and investors holding or transacting in the NCDs of Prachay Capital Limited on the BSE Debt Market Segment. The impact is limited to this specific debenture series. Holders of the NCD as of the record date will be eligible for redemption proceeds (PUT option exercise) and interest payment. Secondary market liquidity in this instrument will cease from 04 March 2026.
Impact Justification
Routine suspension of trading in a specific NCD series ahead of record date for PUT option redemption and interest payment; affects only holders and traders of this particular debenture series.