Description

BSE has suspended trading in Non-Convertible Debentures of SAYA HI-TECH PVT LTD effective 11 March 2026, due to a record date fixed for redemption and interest payment.

Summary

BSE has notified trading members that SAYA HI-TECH PVT LTD has fixed a record date of 11 March 2026 for the redemption of its Non-Convertible Debentures and payment of interest. Accordingly, trading in the specified debentures is suspended with immediate effect from 11 March 2026.

Key Points

  • Trading in SAYA HI-TECH PVT LTD’s Non-Convertible Debentures (SHTPL-19%-30-9-28-PVT, ISIN: INE23VL07011, Code: 977106) is suspended from 11 March 2026.
  • The record date has been fixed as 11 March 2026 for the purpose of redemption and interest payment.
  • All trading members are advised not to deal in these debentures from 11 March 2026 onwards.
  • The notice reference is DR-837/2025-2026.

Regulatory Changes

No new regulatory changes introduced. This notice is issued under existing BSE guidelines governing suspension of trading in debt instruments ahead of corporate action record dates.

Compliance Requirements

  • Trading members must cease all dealings in SHTPL-19%-30-9-28-PVT (ISIN: INE23VL07011, Code: 977106) from 11 March 2026.
  • Members must ensure no trades are executed in this instrument on or after the record date.

Important Dates

  • Notice Date: 10 March 2026
  • Record Date: 11 March 2026
  • No Dealings From: 11 March 2026
  • Purpose: Redemption of Debentures and Payment of Interest

Impact Assessment

Trading members and debenture holders of SAYA HI-TECH PVT LTD are directly impacted. The suspension of trading prevents any secondary market transactions in the specified NCD from 11 March 2026. Debenture holders will receive redemption proceeds and accrued interest as per the terms of the instrument. The impact is limited to holders of this specific private placement NCD (ISIN: INE23VL07011).

Impact Justification

Trading suspension directly prevents market participants from transacting in the specified debentures, combined with an imminent redemption event making it time-critical.