Description
NSE suspends trading in Prestige Projects Private Limited's Non-Convertible Debenture due to redemption.
Summary
NSE has suspended trading in a Non-Convertible Debenture issued by Prestige Projects Private Limited effective August 21, 2025, due to redemption of the instrument.
Key Points
- Single Non-Convertible Debenture (privately placed) affected
- ISIN: INE757O07049
- Issuer: Prestige Projects Private Limited
- Suspension effective from August 21, 2025
- Reason: Redemption of the debenture
Regulatory Changes
No regulatory changes. This is a routine administrative action under existing NSE Debt Market Trading Regulations Part A, Regulation 3.1.2.
Compliance Requirements
No specific compliance requirements for market participants. The suspension is automatically effective from the stated date.
Important Dates
- August 21, 2025: Trading suspension becomes effective
Impact Assessment
Minimal market impact as this affects only one privately placed debt instrument. The suspension is due to natural redemption rather than any adverse event.
Impact Justification
Routine suspension of single debt instrument due to natural redemption