Description

BSE suspends trading in debt securities of Spandana Sphoorty Financial Limited and Prosperity Asset 9 Trust effective February 27, 2026, due to redemption or application for delisting.

Summary

BSE has issued a notice (No. 20260226-10) directing the suspension of trading in debt securities of two companies — Spandana Sphoorty Financial Limited and Prosperity Asset 9 Trust — effective February 27, 2026. The suspension is triggered by redemption or application for delisting filed by the respective companies. This is part of routine debt market operations under DR-830/2025-2026.

Key Points

  • Trading in debentures of Spandana Sphoorty Financial Limited (Scrip Code: 974793, ISIN: INE572J07745) is suspended.
  • Trading in debentures of Prosperity Asset 9 Trust (Scrip Code: 975109, ISIN: INE0R7Z15011) is suspended.
  • Suspension reason: Redemption or Application for Delisting by the issuing entities.
  • All trading members are advised not to deal in these debt securities from the effective date.
  • Notice reference: DR-830/2025-2026.

Regulatory Changes

No new regulatory framework introduced. This notice is issued under existing BSE listing compliance and operations procedures governing suspension of debt instruments upon redemption or delisting applications.

Compliance Requirements

  • Trading members must cease all dealings in the debt securities of Spandana Sphoorty Financial Limited (ISIN: INE572J07745) and Prosperity Asset 9 Trust (ISIN: INE0R7Z15011) effective February 27, 2026.
  • Members are required to take note of and comply with this suspension order immediately.

Important Dates

  • Circular Date: February 26, 2026
  • Suspension Effective Date: February 27, 2026

Impact Assessment

The suspension affects holders and traders of these two specific debt instruments on BSE’s debt market segment. Investors holding these debentures will be unable to sell them on the exchange post-suspension. The impact is limited to participants dealing in these instruments; no broader market disruption is expected. Holders should consult the respective issuers regarding redemption proceeds or delisting procedures.

Impact Justification

Routine suspension of two specific debt instruments due to redemption or delisting; affects only holders of these debentures and does not represent a broader market or regulatory policy change.