Description

BSE has suspended trading in Non-Convertible Debentures of ECAP Equities Limited (INE468N08043) effective 27 February 2026 due to Early Redemption, with record date fixed for the same date.

Summary

BSE has notified trading members that ECAP Equities Limited has fixed a Record Date of 27 February 2026 for Early Redemption of its Non-Convertible Debentures (ISIN: INE468N08043, Scrip Code: 975500). Trading in these debentures is suspended effective 27 February 2026.

Key Points

  • ECAP Equities Limited has announced Early Redemption of its NCDs listed on BSE Debt Segment
  • Scrip: EEL-GSEC-12-3-27-PVT | ISIN: INE468N08043 | Scrip Code: 975500
  • Record Date for Early Redemption is set for 27 February 2026
  • No dealings in these debentures are permitted from 27 February 2026
  • Reference circular: DR-830/2025-2026

Regulatory Changes

No new regulatory framework introduced. This is an operational notice under existing BSE Debt Segment rules governing corporate actions and suspension of trading prior to redemption events.

Compliance Requirements

  • Trading Members must immediately cease all dealings in ECAP Equities Limited NCDs (INE468N08043 / Scrip Code 975500) from 27 February 2026
  • Members should update their systems to reflect the suspension and inform clients accordingly
  • No new buy or sell orders should be placed for this instrument on or after the no-dealings date

Important Dates

  • Notice Date: 24 February 2026
  • Record Date: 27 February 2026
  • No Dealings From: 27 February 2026

Impact Assessment

Holders of ECAP Equities Limited NCDs (INE468N08043) will be unable to trade the instrument from 27 February 2026. The early redemption will result in the debentures being redeemed before their original maturity (originally maturing 12 March 2027 as implied by the scrip name). Investors holding these NCDs as of the record date will receive redemption proceeds. Market impact is confined to this single debt instrument and its existing holders.

Impact Justification

Trading in specific NCD is being suspended immediately from 27 Feb 2026 due to early redemption, directly affecting holders and trading members dealing in this instrument.