Description

BSE notifies trading members of suspension of dealings in NCDs of Pahal Financial Services Private Limited ahead of redemption and interest payment on March 13, 2026.

Summary

BSE has issued a notice (No. 20260311-72) informing trading members that Pahal Financial Services Private Limited has fixed a record date of March 13, 2026, for redemption and interest payment on its Non-Convertible Debentures. Trading members are advised not to deal in the specified debentures effective March 13, 2026.

Key Points

  • Trading in NCDs of Pahal Financial Services Private Limited is suspended effective March 13, 2026
  • The record date for redemption and interest payment is March 13, 2026
  • Debenture series affected: PFSPL-14%-31-3-26-PVT (ISIN: INE514Q07338, Code: 975517)
  • The debentures carry a 14% coupon rate with maturity on March 31, 2026
  • Circular reference: DR-839/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard operational notice issued under existing BSE debt market rules requiring suspension of trading in debentures around the record date for corporate actions.

Compliance Requirements

  • Trading members must not deal in the debentures of Pahal Financial Services Private Limited (ISIN: INE514Q07338, Scrip Code: 975517) from March 13, 2026 onwards
  • Members are required to take note of the no-dealings date and ensure compliance

Important Dates

  • Notice Date: March 11, 2026
  • Record Date: March 13, 2026
  • No Dealings From: March 13, 2026
  • Debenture Maturity Date: March 31, 2026

Impact Assessment

The impact is limited to holders and traders of this specific NCD series of Pahal Financial Services Private Limited. The suspension is a routine pre-redemption measure to ensure clean settlement of the final interest and principal repayment. Given the imminent maturity date of March 31, 2026, the trading suspension is expected and affects a narrow set of market participants in the debt segment.

Impact Justification

Routine suspension of trading in specific NCDs ahead of redemption and interest payment; affects only holders of this specific debenture series of a private limited company.