Description

BSE has announced suspension of trading in two Non-Convertible Debentures of PTC India Financial Services Limited effective March 13, 2026, due to redemption on exercise of put option and payment of interest.

Summary

BSE has directed trading members to suspend dealings in two Non-Convertible Debentures (NCDs) of PTC India Financial Services Limited, effective March 13, 2026. The suspension is triggered by the company fixing a record date for redemption on exercise of put option and payment of interest on these debentures.

Key Points

  • Two NCDs of PTC India Financial Services Limited are subject to trading suspension from March 13, 2026
  • ISIN INE560K07102 (Code: 972889, Scrip: PTCIFS-9.15%-30-03-27-PVT) — Record Date: 13/03/2026
  • ISIN INE560K07110 (Code: 972893, Scrip: PTCIFS-9.15%-30-3-27-PVT) — Record Date: 13/03/2026
  • Purpose: Redemption on Exercise of Put Option and Payment of Interest for both instruments
  • Reference: DR-839/2025-2026
  • Both debentures carry a coupon rate of 9.15% and are privately placed

Regulatory Changes

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

Compliance Requirements

  • Trading members must not deal in the specified debentures (INE560K07102 and INE560K07110) from March 13, 2026 onwards
  • Members are required to take note of the suspension and ensure no transactions are executed in these instruments on or after the record date

Important Dates

  • Notice Date: March 11, 2026
  • Record Date: March 13, 2026
  • No Dealings From: March 13, 2026
  • Debenture Maturity: March 30, 2027 (as indicated in scrip names)

Impact Assessment

The suspension affects investors and trading members holding or intending to trade in these two specific privately placed NCDs of PTC India Financial Services Limited. Holders with put option rights will receive redemption proceeds along with accrued interest as of the record date. The impact is contained to these two ISIN instruments and does not affect equity trading in the company. Market liquidity for these debentures will cease from March 13, 2026.

Impact Justification

Trading suspension affects holders of two specific NCD ISINs of PTC India Financial Services Limited; impact is limited to debenture holders of these instruments with record date on March 13, 2026.