Description
BSE suspends trading in NCD of Ambit Finvest Private Limited (AFPL-9.50%-27-3-26-PVT) effective 12 March 2026 due to record date fixed for redemption and interest payment.
Summary
BSE has issued a notice directing trading members not to deal in the Non-Convertible Debentures (NCDs) of Ambit Finvest Private Limited, as the company has fixed a record date for redemption of debentures and payment of interest. The suspension is effective from 12 March 2026.
Key Points
- Trading in Ambit Finvest Private Limited’s NCD series AFPL-9.50%-27-3-26-PVT (ISIN: INE985V07058, Code: 974741) is suspended from 12 March 2026
- Record date fixed: 12 March 2026
- Purpose: Redemption of Debentures and Payment of Interest
- Notice reference: DR-838/2025-2026
- All trading members are advised not to deal in these debentures from the specified date
Regulatory Changes
No new regulatory changes. This is a standard operational notice under existing BSE framework for debt segment corporate actions.
Compliance Requirements
- Trading members must cease all dealings in AFPL-9.50%-27-3-26-PVT (INE985V07058, Code: 974741) from 12 March 2026
- Members must take note of the suspension and ensure no transactions are executed in this security on or after the record date
Important Dates
- Notice Date: 10 March 2026
- Record Date / No Dealings From: 12 March 2026
- Purpose on Record Date: Redemption of Debentures and Payment of Interest
Impact Assessment
The impact is limited to holders and traders of this specific NCD series of Ambit Finvest Private Limited. The debenture (9.50% coupon, maturing 27 March 2026) is approaching maturity, and the suspension is a routine pre-redemption measure. Investors holding these debentures will receive redemption proceeds and final interest on or around the record date. No broader market impact is anticipated.
Impact Justification
Routine suspension of NCD trading ahead of record date for redemption and interest payment; impacts holders of this specific debenture series only.