Description

BSE has announced suspension of trading in NCDs of Kinara Capital Private Limited effective March 10, 2026, due to record date fixed for redemption and interest payment.

Summary

BSE has notified trading members that Kinara Capital Private Limited has fixed a record date of March 10, 2026, for the purpose of redemption of its Non-Convertible Debentures (NCDs) and payment of interest. Trading in the specified debentures is suspended from March 10, 2026.

Key Points

  • Kinara Capital Private Limited has fixed March 10, 2026 as the record date for NCD redemption and interest payment
  • Trading in debenture series KCPL-13.74%-25-3-26-PVT (ISIN: INE200W07415, Code: 973862) is suspended effective March 10, 2026
  • The debenture carries a coupon rate of 13.74%
  • Reference circular: DR-836/2025-2026
  • Trading members are advised not to deal in these debentures from March 10, 2026

Regulatory Changes

No new regulatory changes. This is a standard operational notice under existing BSE debt market regulations governing suspension of trading ahead of corporate action record dates.

Compliance Requirements

  • Trading members must not execute any buy or sell transactions in the debenture series KCPL-13.74%-25-3-26-PVT (ISIN: INE200W07415, Code: 973862) from March 10, 2026 onwards
  • Members should update their systems to block trading in this ISIN from the effective date

Important Dates

  • Circular Date: March 09, 2026
  • Record Date: March 10, 2026
  • No Dealings From: March 10, 2026
  • Redemption Date: March 25, 2026 (as indicated by the debenture series name KCPL-13.74%-25-3-26-PVT)

Impact Assessment

The impact is limited to holders and potential traders of this specific NCD series. Debenture holders will receive redemption proceeds along with the final interest payment on or around the record date. This is a routine corporate action with no broader market implications. Trading members should ensure compliance to avoid any settlement issues related to these debentures.

Impact Justification

Routine suspension of trading in NCDs ahead of redemption and interest payment; affects only holders of this specific debenture series with immediate effect from March 10, 2026.