Description

BSE notifies trading members of suspension of dealings in Satin Creditcare Network Limited's NCD (SCNL-11.77%-30-3-26-PVT) ahead of redemption and interest payment with record date March 14, 2026.

Summary

BSE has issued Notice No. 20260311-69 instructing trading members not to deal in the Non-Convertible Debentures (NCD) of Satin Creditcare Network Limited (series SCNL-11.77%-30-3-26-PVT, ISIN INE836B07642, scrip code 973897) from March 13, 2026, ahead of the record date of March 14, 2026 fixed for redemption and interest payment.

Key Points

  • Trading suspension applies to NCD series: SCNL-11.77%-30-3-26-PVT (ISIN: INE836B07642, Scrip Code: 973897)
  • Record date fixed: March 14, 2026
  • Purpose: Redemption of Debentures and Payment of Interest
  • No dealings permitted from: March 13, 2026
  • Circular reference: DR-839/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard procedural notice under existing BSE framework for corporate actions on listed debt securities.

Compliance Requirements

  • Trading members must refrain from dealing in the specified NCD (INE836B07642 / scrip code 973897) with effect from March 13, 2026.
  • Members should update their systems to block or flag transactions in this ISIN from the effective date.

Important Dates

  • March 11, 2026: Notice issued by BSE
  • March 13, 2026: Last date — no dealings permitted from this date onwards
  • March 14, 2026: Record date for redemption and interest payment
  • March 30, 2026: Maturity/redemption date implied by debenture name (SCNL-11.77%-30-3-26)

Impact Assessment

The impact is limited and routine in nature. Only holders or prospective traders of this specific NCD series are affected. The suspension ensures an orderly settlement of the redemption and interest payout by preventing fresh transactions close to the record date. Market-wide impact is minimal given the narrow scope of a single private placement debenture series.

Impact Justification

Routine suspension of trading in a specific NCD series ahead of scheduled redemption and interest payment; affects only holders of this debenture series (INE836B07642 / scrip code 973897).