Description

BSE suspends trading in Nuvama Wealth Finance Ltd's 9.61% Non-Convertible Debentures (INE918K07PN2) with record date and ex-date of April 8, 2026, for interest payment and redemption.

Summary

BSE has notified trading members that Nuvama Wealth Finance Ltd has fixed a record date for the payment of interest and redemption of its 9.61% Non-Convertible Debentures (ISIN: INE918K07PN2). Trading members are advised not to deal in these debentures effective April 8, 2026.

Key Points

  • Trading in Nuvama Wealth Finance Ltd’s NCD series NWFL-9.61%-23-4-26-PVT (Scrip Code: 976140, ISIN: INE918K07PN2) is suspended.
  • Record date and ex-date are both fixed at April 8, 2026.
  • Settlement reference: DR 606/2026-2027.
  • The suspension is for the purpose of interest payment and full redemption of the debentures.
  • Issued by Listing Compliance and Operations department, signed by Marian Dsouza, Assistant Vice President.

Regulatory Changes

No new regulatory changes. This is a standard operational notice under BSE’s listing compliance framework for corporate actions in the debt segment.

Compliance Requirements

  • Trading members must not deal in the specified debentures (Scrip Code 976140) on or after the ex-date of April 8, 2026.
  • Members should ensure all pending trades in this security are settled in accordance with BSE settlement procedures.

Important Dates

  • Notice Date: April 7, 2026
  • Record Date: April 8, 2026
  • Ex-Date: April 8, 2026
  • Settlement: DR 606/2026-2027

Impact Assessment

The suspension is limited in scope, affecting only the single NCD series NWFL-9.61%-23-4-26-PVT issued by Nuvama Wealth Finance Ltd. Debenture holders will receive their interest payment and principal redemption proceeds as per the company’s schedule. Market impact is low as this is a privately placed debt instrument approaching maturity, and trading activity in such securities is typically low.

Impact Justification

Routine suspension of trading for a specific NCD series ahead of redemption and interest payment; affects only holders of this particular debenture series (scrip code 976140).