Description
BSE notifies trading members of suspension of trading in two NCD series of PTC India Financial Services Limited ahead of redemption on exercise of put option and interest payment with record date of March 13, 2026.
Summary
BSE has issued a notice (No. 20260311-63) informing trading members that PTC India Financial Services Limited has fixed March 13, 2026 as the record date for payment of interest and redemption on exercise of put option on two series of Non-Convertible Debentures. Trading in both debenture series is suspended effective March 13, 2026.
Key Points
- Two NCD series of PTC India Financial Services Limited are subject to trading suspension
- Record date fixed as March 13, 2026 for both series
- Purpose: Redemption on Exercise of Put Option and Payment of Interest
- No dealings permitted from March 13, 2026 onwards for both series
- Circular reference: DR-839/2025-2026
Regulatory Changes
No new regulatory changes. This is a standard corporate action-driven trading suspension under existing BSE debt market regulations.
Compliance Requirements
- Trading members must not deal in the specified debentures of PTC India Financial Services Limited from March 13, 2026
- Members are advised to take note of the suspension and update their systems accordingly
Important Dates
- Notice Date: March 11, 2026
- Record Date: March 13, 2026
- No Dealings From: March 13, 2026 (both series)
Impact Assessment
Affected Securities:
| Company | Scrip Name | ISIN | BSE Code | Purpose |
|---|---|---|---|---|
| PTC India Financial Services Limited | PTCIFS-9.15%-30-03-27-PVT | INE560K07102 | 972889 | Redemption on Put Option + Interest |
| PTC India Financial Services Limited | PTCIFS-9.15%-30-3-27-PVT | INE560K07110 | 972893 | Redemption on Put Option + Interest |
The suspension is limited to these two specific NCD series bearing a coupon rate of 9.15% maturing March 30, 2027. Holders exercising the put option will receive redemption proceeds along with accrued interest. Market impact is confined to investors in these debentures and does not affect equity trading in PTC India Financial Services Limited.
Impact Justification
Routine suspension of trading in two NCD series ahead of redemption on put option exercise and interest payment; affects holders of these specific debenture series only.