Description

BSE has extended the trading suspension of Goswami Infratech Pvt Ltd debt securities (Scrip Code 974946, ISIN INE219O07362) due to ongoing restructuring, with net outstanding quantity of 1,353,435 units.

Summary

BSE has issued a continuation notice (in reference to earlier notice 20241226-2 dated December 26, 2024) regarding the ongoing suspension of trading in debt securities of Goswami Infratech Pvt Ltd. The scrip (Code: 974946, ISIN: INE219O07362) will remain suspended until further notice due to restructuring activities.

Key Points

  • Scrip Code 974946 with ISIN INE219O07362 remains suspended for trading
  • Suspension is due to ongoing restructuring of Goswami Infratech Pvt Ltd
  • Original suspension notice: 20241226-2 dated December 26, 2024
  • No resumption date has been specified — suspension continues till further notice
  • Net outstanding quantity stands at 1,353,435 units after partial redemption

Regulatory Changes

No new regulatory changes introduced. This is a continuation notice reaffirming the existing trading suspension under BSE’s DCS-Listing department oversight.

Compliance Requirements

  • Trading Members must ensure that Scrip Code 974946 (ISIN INE219O07362) is not traded on their platforms
  • Members may contact Mr. Akash Shinde at +91 22 2272 8844 or debt.listing@bseindia.com for further clarifications
  • Contact person: Hardik Bhuta, Assistant Vice President, BSE

Important Dates

  • Original suspension notice: December 26, 2024 (Notice No. 20241226-2)
  • Current continuation notice date: May 19, 2026
  • Resumption date: Not specified — suspended till further notice

Impact Assessment

Holders of Goswami Infratech Pvt Ltd debt securities are unable to trade their holdings on BSE. With 1,430,000 originally issued units, 76,565 redeemed, and 1,353,435 still outstanding, a significant volume of securities remains illiquid. The indefinite suspension with no stated end date poses liquidity risk for investors holding these instruments. The restructuring context suggests financial stress at the issuer level, which may have broader implications for debt recovery and investor protection.

Impact Justification

Continuation of trading suspension on debt securities due to restructuring directly affects holders of 1,353,435 net outstanding units with no resumption date specified.