Description

BSE has directed trading members to suspend dealings in two Non-Convertible Debentures of Achiievers Finance India Limited effective March 12, 2026, ahead of early redemption.

Summary

BSE has issued Notice No. 20260310-53 informing trading members that Achiievers Finance India Limited has fixed a Record Date of March 12, 2026 for Early Redemption of two Non-Convertible Debentures. Trading members are advised not to deal in these debentures from March 12, 2026 onwards.

Key Points

  • Two NCDs of Achiievers Finance India Limited are subject to an Early Redemption with Record Date of March 12, 2026
  • Trading in both debentures is suspended effective March 12, 2026
  • Debenture 1: AFIL-12.5%-24-3-29, ISIN INE065507AI2 (Code: 975611)
  • Debenture 2: AFIL-11.75%-16-8-27-PVT, ISIN INE065507AM4 (Code: 975928)
  • Reference circular: DR-838/2025-2026

Regulatory Changes

No new regulatory framework introduced. This is an operational directive under existing BSE rules governing suspension of trading ahead of corporate actions (early redemption) in the Debt segment.

Compliance Requirements

  • All trading members of BSE must immediately cease dealing in the two listed debentures (ISIN INE065507AI2 and INE065507AM4) from March 12, 2026
  • Members must take note of the suspension and ensure no transactions are executed in these instruments on or after the no-dealings date

Important Dates

  • Notice Date: March 10, 2026
  • Record Date: March 12, 2026
  • No Dealings From: March 12, 2026

Impact Assessment

Trading members and investors holding these two NCDs of Achiievers Finance India Limited will be unable to trade them on BSE from March 12, 2026. The early redemption indicates the company is retiring these debentures ahead of their scheduled maturity, which directly affects secondary market liquidity. Holders should prepare for redemption proceeds as per the terms of the respective debentures.

Impact Justification

Immediate trading suspension effective March 12, 2026 on two NCDs; directly affects tradability of these instruments for all exchange members.