Description

BSE notifies trading members of suspension of trading in Shriram Finance Limited's Non-Convertible Debentures (SFL-9.30%-27-03-26-PVT) ahead of redemption and interest payment on 12 March 2026.

Summary

BSE has informed trading members that Shriram Finance Limited has fixed a Record Date of 12 March 2026 for the redemption of its Non-Convertible Debentures (NCD) series SFL-9.30%-27-03-26-PVT and payment of associated interest. Trading members are directed not to deal in these debentures effective 12 March 2026.

Key Points

  • Trading suspension applies to Shriram Finance Limited NCD series: SFL-9.30%-27-03-26-PVT (Scrip Code: 953711, ISIN: INE721A07KB7)
  • Record Date fixed at 12 March 2026 for both redemption and interest payment
  • No dealings permitted in these debentures from 12 March 2026
  • Notice Reference: DR-838/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No new regulatory changes. This is a standard operational notice under BSE’s debt segment procedures for NCD redemptions.

Compliance Requirements

  • Trading members must not deal in the specified Shriram Finance NCD (INE721A07KB7 / Scrip Code 953711) from 12 March 2026 onwards.
  • Members are required to take note of and comply with the no-dealings directive issued by BSE.

Important Dates

  • 10 March 2026: Notice date
  • 12 March 2026: Record Date — last date for determining eligible debenture holders; no dealings permitted from this date
  • 27 March 2026: Maturity/redemption date implied by debenture series name (SFL-9.30%-27-03-26-PVT)

Impact Assessment

This circular has a limited and targeted impact, affecting only holders and prospective traders of the specific NCD series (INE721A07KB7). The 9.30% coupon debenture is approaching its maturity on 27 March 2026. The suspension ensures clean settlement of redemption proceeds and final interest payment to eligible holders as of the record date. No broader market or equity trading impact is anticipated.

Impact Justification

Routine suspension of NCD trading ahead of scheduled redemption and interest payment; affects only holders of this specific debenture series (INE721A07KB7) and not broader equity markets.