Description

BSE suspends trading in two Non-Convertible Debentures of Achiievers Finance India Limited effective March 12, 2026, due to Early Redemption with record date fixed on the same day.

Summary

BSE has directed trading members to suspend dealings in two Non-Convertible Debentures (NCDs) issued by Achiievers Finance India Limited, effective March 12, 2026. The suspension is necessitated by the company fixing a Record Date of March 12, 2026 for the Early Redemption of these debentures.

Key Points

  • Two NCD series of Achiievers Finance India Limited are subject to trading suspension from March 12, 2026
  • AFIL-12.5%-24-3-29 (ISIN: INE065507AI2, Code: 975611) — Early Redemption, no dealings from 12/03/2026
  • AFIL-11.75%-16-8-27-PVT (ISIN: INE065507AM4, Code: 975928) — Early Redemption, no dealings from 12/03/2026
  • Notice reference: DR-838/2025-2026
  • Trading members are advised not to deal in the above debentures from the specified date

Regulatory Changes

No new regulatory changes introduced. This is an operational notice issued under existing BSE framework for corporate actions affecting listed debt securities.

Compliance Requirements

  • All trading members of BSE must cease dealing in both specified NCD series (ISIN: INE065507AI2 and INE065507AM4) effective March 12, 2026
  • Members must take note of the suspension and ensure no transactions are executed on or after the record date

Important Dates

  • Notice Date: March 10, 2026
  • Record Date: March 12, 2026
  • No Dealings From: March 12, 2026 (for both NCD series)

Impact Assessment

The suspension affects holders and prospective traders of two specific NCD series issued by Achiievers Finance India Limited. The early redemption means investors holding these instruments will receive repayment of principal before the originally scheduled maturity dates (March 24, 2029 and August 16, 2027 respectively). The impact is limited to participants in these specific debt instruments and does not affect the broader equity or other debt markets.

Impact Justification

Routine trading suspension notice for early redemption of two specific NCD series; impacts only holders of these specific debentures with a short notice window before the March 12 record date.