Description

BSE notifies trading members of suspension of trading in two Non-Convertible Debentures of Achiievers Finance India Limited effective 16 March 2026, due to Record Date fixed for redemption and interest payment.

Summary

BSE has issued Notice No. 20260312-34 informing trading members that Achiievers Finance India Limited has fixed 16 March 2026 as the Record Date for redemption and interest payment on two of its Non-Convertible Debentures. Trading members are directed not to deal in these debentures from 16 March 2026 onwards.

Key Points

  • Two NCDs of Achiievers Finance India Limited are subject to trading suspension effective 16 March 2026
  • AFIL-25-3-26 (ISIN: INE065507AJ0, Code: 975612) — Record Date 16/03/2026 for Redemption of Debentures
  • AFIL-12%-25-3-26 (ISIN: INE065507AG6, Code: 975616) — Record Date 16/03/2026 for Redemption of Debentures and Payment of Interest
  • Both suspensions are under circular reference DR-840/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No new regulatory framework introduced. This is a standard operational notice pursuant to existing BSE rules requiring suspension of trading in debt instruments upon fixing of a Record Date for redemption or interest payment.

Compliance Requirements

  • Trading members must not buy or sell the two specified NCDs on or after 16 March 2026
  • Members must update their systems and clients to block trading in ISIN INE065507AJ0 and INE065507AG6 from the effective date

Important Dates

  • Notice Date: 12 March 2026
  • Record Date / No-Dealings-From Date: 16 March 2026
  • Circular Reference: DR-840/2025-2026

Impact Assessment

Trading in both NCDs will be completely halted from 16 March 2026. Investors holding these instruments should note that no secondary market transactions will be permitted from that date. The debentures are being redeemed (and interest paid for AFIL-12%-25-3-26), so the suspension marks the end of their tradeable life on the BSE debt segment.

Impact Justification

Immediate and complete suspension of trading in two NCDs effective 16 March 2026; trading members must cease all dealings in these instruments on that date.