Description

BSE announces suspension of trading for Abans Finance Private Limited's NCD (ISIN: INE00ZD07637, Scrip Code: 974454) effective April 24, 2026, due to voluntary delisting of the debt securities.

Summary

BSE has notified trading members that the Non-Convertible Debentures (NCDs) of Abans Finance Private Limited will be suspended from trading effective Friday, April 24, 2026, due to voluntary delisting. This follows the original listing notice (Exchange Notice No. 20221223-38 dated December 23, 2022).

Key Points

  • NCD scrip with ISIN INE00ZD07637 and BSE Scrip Code 974454 will be suspended from trading
  • Suspension is effective from Friday, April 24, 2026
  • Reason for suspension: voluntary delisting of NCDs by Abans Finance Private Limited
  • The NCD has a face value of Rs. 10,00,000 per unit with an issue size of Rs. 2 Crore (20 NCDs)

Regulatory Changes

No new regulatory changes introduced. This is an operational action pursuant to the voluntary delisting process under BSE’s debt listing framework, continuing from the original listing notice dated December 23, 2022.

Compliance Requirements

  • Trading members must cease trading in Scrip Code 974454 (ISIN: INE00ZD07637) from April 24, 2026 onwards
  • Members may contact Ms. Rutuja Mhasade at +91 22 2272 8352 or debt.listing@bseindia.com for further clarifications

Important Dates

  • April 21, 2026: Notice issued
  • April 24, 2026: Effective date of trading suspension (voluntary delisting of NCDs)

Impact Assessment

The impact is limited to holders and traders of this specific NCD instrument. With only 20 NCDs outstanding at a face value of Rs. 10,00,000 each (total issue size Rs. 2 Cr), the market impact is narrow. Existing holders should be aware that secondary market liquidity will cease from April 24, 2026. This is a routine debt market action associated with voluntary delisting and does not signal broader market concerns.

Impact Justification

Affects a specific NCD issue of a private limited company with a small issue size of Rs. 2 Cr; relevant to holders of this instrument but limited broader market impact.