Description

BSE notifies trading members of suspension of dealings in PTCs of Vistaar Financial Services Pvt Ltd ahead of record date for redemption and interest payment on March 11, 2026.

Summary

BSE has informed trading members that Vistaar Financial Services Pvt Ltd has fixed a record date for the purpose of payment of interest and redemption of its Pass Through Certificates (PTCs). Trading members are advised not to deal in the PTCs of the company from March 11, 2026.

Key Points

  • Trading in PTCs of Vistaar Financial Services Pvt Ltd (VFSPL-9.75%-26-3-26-PVT) is suspended effective March 11, 2026
  • ISIN: INE016P07203 (Script Code: 975544)
  • Purpose: Redemption of PTCs and Payment of Interest
  • Notice issued under reference DR-837/2025-2026
  • Issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No new regulatory changes. This is a standard operational notice under existing debt market suspension procedures for securities approaching their redemption/interest payment record date.

Compliance Requirements

  • Trading members must not deal in the PTCs of Vistaar Financial Services Pvt Ltd (ISIN: INE016P07203, Code: 975544) from March 11, 2026 onwards.
  • Members are required to take note of the no-dealings directive and ensure compliance.

Important Dates

  • Record Date: March 11, 2026
  • No Dealings From: March 11, 2026
  • Purpose on Record Date: Redemption of PTCs and Payment of Interest
  • Circular Date: March 9, 2026

Impact Assessment

This suspension has a limited and targeted impact, affecting only holders and traders of Vistaar Financial Services Pvt Ltd’s specific PTC instrument (VFSPL-9.75%-26-3-26-PVT). The suspension is a routine measure to facilitate orderly redemption and interest payment processing. Investors holding these PTCs should note that trading will be suspended from March 11, 2026, coinciding with the record date for redemption.

Impact Justification

Routine suspension of PTC trading ahead of scheduled redemption and interest payment; affects only holders of this specific debt instrument.