Description

BSE has directed trading members to suspend dealings in two Non-Convertible Debentures of Finquest Financial Solutions Private Limited effective March 10, 2026, due to Early Redemption.

Summary

BSE has notified trading members that Finquest Financial Solutions Private Limited has fixed March 10, 2026 as the Record Date for Early Redemption of two Non-Convertible Debentures. Trading members are directed not to deal in these debentures from March 10, 2026 onwards.

Key Points

  • Two NCD instruments of Finquest Financial Solutions Private Limited are subject to trading suspension
  • Record Date for Early Redemption is March 10, 2026
  • No dealings permitted from March 10, 2026 for both instruments
  • Notice issued under DR-836/2025-2026
  • Circular issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No new regulatory changes introduced. This is a standard operational notice enforcing suspension of trading in specific debentures ahead of their early redemption record date.

Compliance Requirements

  • Trading members must cease all dealings in the following debentures effective March 10, 2026:
    • FFSPL-ZC-24-3-27-PVT | ISIN: INE712W08037 | Scrip Code: 955968
    • FFSPL-ZC-26-9-29-PVT | ISIN: INE712W08029 | Scrip Code: 959019
  • Members must take note of the no-dealing directive and ensure compliance.

Important Dates

  • Circular Date: March 4, 2026
  • Record Date: March 10, 2026
  • No Dealings From: March 10, 2026 (for both debenture instruments)

Impact Assessment

Impact is limited to trading members and investors holding these two specific NCD instruments on the BSE Debt Market Segment. The early redemption will result in the debentures ceasing to trade, with holders receiving redemption proceeds as per the terms of the instrument. No broader market impact is anticipated given the private placement nature of these securities.

Impact Justification

Affects two specific NCD instruments of a private limited company; impacts only holders of these debentures and relevant trading members dealing in these securities.