Description

BSE has suspended trading in Non-Convertible Debentures of ECap Equities Limited (INE468N07623) effective March 18, 2026, ahead of the March 19, 2026 record date for redemption.

Summary

BSE has notified trading members that ECap Equities Limited has fixed a record date for the redemption of its Non-Convertible Debentures (NCD). As a result, trading in the specified debenture series has been suspended with effect from March 18, 2026, one day prior to the record date of March 19, 2026.

Key Points

  • ECap Equities Limited has set March 19, 2026 as the record date for redemption of its NCDs.
  • Trading in the debenture series EEL-ZC-03-4-26-PVT (ISIN: INE468N07623, BSE Code: 974635) is suspended from March 18, 2026.
  • Trading members are advised not to deal in these debentures from the suspension date onward.
  • The circular reference number is DR-842/2025-2026.

Regulatory Changes

No new regulatory changes introduced. This is a standard operational notice pursuant to existing BSE procedures for debenture redemptions.

Compliance Requirements

  • Trading members must cease all dealings in EEL-ZC-03-4-26-PVT (ISIN: INE468N07623, BSE Code: 974635) with effect from March 18, 2026.
  • Members are required to take note of the suspension and ensure no transactions are executed in this security from the stated date.

Important Dates

  • March 13, 2026: Circular issued by BSE.
  • March 18, 2026: No dealings date — trading suspended from this date.
  • March 19, 2026: Record date for redemption of debentures.

Impact Assessment

The impact is limited to holders and traders of this specific NCD series (EEL-ZC-03-4-26-PVT). Trading members must ensure compliance by halting transactions in this security from March 18, 2026. The suspension is a routine pre-redemption measure and does not indicate any financial distress. Debenture holders will have their securities redeemed as per the terms on the record date.

Impact Justification

Routine suspension of trading in NCD ahead of redemption record date; affects only holders of this specific debenture series.