Description

BSE notifies trading members of suspension of dealings in INCRED FINANCIAL SERVICES LIMITED NCD (IFSL-NIFTY50-3-4-26-PVT) from March 18, 2026, ahead of redemption and interest payment on record date March 19, 2026.

Summary

BSE has directed trading members not to deal in the Non-Convertible Debentures of INCRED FINANCIAL SERVICES LIMITED (series IFSL-NIFTY50-3-4-26-PVT, ISIN INE321N07384, scrip code 975369) effective March 18, 2026. The suspension is in advance of the record date of March 19, 2026, which has been fixed for redemption of debentures and payment of interest.

Key Points

  • Company: INCRED FINANCIAL SERVICES LIMITED
  • Debenture series: IFSL-NIFTY50-3-4-26-PVT
  • ISIN: INE321N07384 (scrip code 975369)
  • Record date: March 19, 2026
  • Purpose: Redemption of debentures and payment of interest
  • No dealings permitted from: March 18, 2026
  • Notice reference: DR-842/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard operational suspension under BSE’s debt segment procedures ahead of a corporate action (redemption and interest payment).

Compliance Requirements

  • Trading members must not deal in the above-mentioned NCD series (INE321N07384 / scrip code 975369) from March 18, 2026 onwards.
  • Members are required to take note of the suspension and ensure no transactions are executed in this instrument from the specified date.

Important Dates

  • March 13, 2026: Circular issued by BSE
  • March 18, 2026: Last day of no-dealings (suspension effective from this date)
  • March 19, 2026: Record date for redemption and interest payment

Impact Assessment

The impact is limited to holders and traders of this specific NCD series. Trading in IFSL-NIFTY50-3-4-26-PVT will be suspended from March 18, 2026, ahead of the redemption event. Investors holding these debentures will receive redemption proceeds and accrued interest as of the March 19, 2026 record date. Broader market impact is minimal as this is a privately placed debt instrument.

Impact Justification

Routine suspension of trading in a specific NCD series ahead of redemption and interest payment; affects only holders of this debenture series (INE321N07384 / scrip code 975369).