Description

BSE notifies trading members of suspension of dealings in Shriram Finance Limited NCDs ahead of record date for redemption and interest payment on March 12, 2026.

Summary

BSE has issued a notice informing trading members that Shriram Finance Limited has fixed a record date of March 12, 2026 for the redemption and interest payment of its Non-Convertible Debentures (NCDs). Trading members are advised not to deal in the specified debentures effective March 12, 2026.

Key Points

  • Shriram Finance Limited has set a record date of March 12, 2026 for NCD redemption and interest payment
  • The affected debenture is: SFL-9.30%-27-03-26-PVT (ISIN: INE721A07KB7, Code: 953711)
  • No dealings are permitted in these debentures from March 12, 2026
  • Notice reference: DR-838/2025-2026
  • BSE Notice No: 20260310-56 dated March 10, 2026

Regulatory Changes

No new regulatory changes introduced. This is a standard operational notice under existing BSE listing compliance procedures for debt instruments approaching maturity.

Compliance Requirements

  • Trading members must immediately cease dealing in Shriram Finance Limited debenture ISIN INE721A07KB7 (Code: 953711) from March 12, 2026
  • Members should update their systems to block transactions in the specified NCD code

Important Dates

  • Notice Date: March 10, 2026
  • Record Date: March 12, 2026
  • No Dealings From: March 12, 2026
  • Scheduled Redemption Date: March 27, 2026 (as indicated by debenture name SFL-9.30%-27-03-26)

Impact Assessment

The impact is limited to holders and traders of this specific NCD series. The 9.30% coupon NCD maturing on March 27, 2026 is approaching its final redemption, and the trading suspension from March 12 ensures an orderly settlement of interest and principal payments. Equity trading in Shriram Finance Limited is unaffected. Debenture holders will receive redemption proceeds and final interest on the record date as per the company’s schedule.

Impact Justification

Routine suspension of NCD trading ahead of scheduled redemption and interest payment; affects only the specific debenture instrument, not equity shares.