Description
BSE advises trading members not to deal in debentures of SATYA MICROCAPITAL LIMITED (SML-12.45%-30-3-26-PVT, INE982X07234) from March 13, 2026, ahead of redemption and interest payment on March 14, 2026.
Summary
BSE has issued a notice (No. 20260311-68) directing trading members not to deal in the Non-Convertible Debentures of SATYA MICROCAPITAL LIMITED from March 13, 2026, due to an upcoming record date for redemption and interest payment scheduled on March 14, 2026.
Key Points
- Trading in the debenture series SML-12.45%-30-3-26-PVT (ISIN: INE982X07234, Code: 973893) is suspended effective March 13, 2026.
- The record date is fixed as March 14, 2026 for both redemption of debentures and payment of interest.
- The coupon rate on the debenture is 12.45%.
- The notice is issued under reference DR-839/2025-2026.
- All trading members of BSE are required to comply immediately.
Regulatory Changes
No new regulatory changes are introduced. This is a standard operational notice under existing BSE listing and trading regulations governing debt securities.
Compliance Requirements
- Trading members must not deal in SATYA MICROCAPITAL LIMITED debentures (INE982X07234 / Code 973893) from March 13, 2026 onwards.
- Members are advised to take note of the suspension and ensure no transactions are executed in the specified security from the no-dealings date.
Important Dates
| Event | Date |
|---|---|
| Circular Date | March 11, 2026 |
| No Dealings From | March 13, 2026 |
| Record Date | March 14, 2026 |
| Purpose | Redemption of Debentures & Payment of Interest |
Impact Assessment
This notice has a limited and short-term impact, affecting only holders and prospective traders of the specific NCD series (SML-12.45%-30-3-26-PVT). The debenture is approaching its maturity date (March 30, 2026 as indicated in the series name), making this a routine end-of-lifecycle event. Investors holding these debentures will receive redemption proceeds and final interest payment on or around the record date. Secondary market liquidity in this instrument will cease from March 13, 2026.
Impact Justification
Routine debenture redemption and interest payment suspension notice affecting a single NCD series; impacts only holders of this specific instrument with a short trading suspension window of one day.