977363 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/977363/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usTue, 19 May 2026 00:00:00 +0000Suspension of Trading in Debentures of the Companieshttps://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-19-dd3fa99167c36129-suspension-of-trading-in-debentures-of-the-companies/Tue, 19 May 2026 15:53:20 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-19-dd3fa99167c36129-suspension-of-trading-in-debentures-of-the-companies/BSE notifies trading members of reduced face value trading in debentures of three companies — Vistaar Financial Services, Ananya Finance For Inclusive Growth, and Finnable Credit — effective from their respective ex-dates in May 2026.bsetradingmediummediummediumdd3fa99167c36129https://www.bseindia.com/downloads/UploadDocs/Notices/20260519-35/20260519-35.pdf975474976510977363debenturessuspension-of-tradingreduced-face-valuenon-convertible-debenturesrecord-datedebt-segmentcorporate-actionspart-redemptioninterest-paymentSummary

BSE Notice No. 20260519-35 informs trading members that three companies have fixed record dates for payment of interest and/or part redemption of their Non-Convertible Debentures (NCDs). From the specified ex-dates, trading in these debentures will occur at a reduced face value.

Key Points

  • Trading in debentures of the listed companies will be conducted at a reduced face value effective from their respective ex-dates.
  • Three companies are affected: Vistaar Financial Services Pvt Ltd, Ananya Finance For Inclusive Growth Private Limited, and Finnable Credit Private Limited.
  • The notice applies to the Debt segment under the Corporate Actions category.
  • All settlements fall under DR series for 2026-2027.

Regulatory Changes

No new regulatory changes. This is a standard operational notice under existing BSE listing compliance rules requiring trading suspension at full face value ahead of NCD interest payment or part-redemption record dates.

Compliance Requirements

  • Trading members must note the ex-dates and ensure debenture trades are executed at the reduced face values from the effective dates.
  • Members should update their systems to reflect the revised face values for the affected scrip codes.

Important Dates

Scrip Code Company ISIN Record Date Ex Date Settlement Reduced Face Value
975474 Vistaar Financial Services Pvt Ltd (VFSPL-9.75%-5-3-27-PVT) INE016P07195 21 May 2026 21 May 2026 635/2026-2027 Rs. 25,000 per debenture
976510 Ananya Finance For Inclusive Growth Pvt Ltd (AFFIGPL-13.65%-7-12-26-PVT) INE774L07099 23 May 2026 22 May 2026 636/2026-2027 Rs. 60,000 per debenture
977363 Finnable Credit Private Limited (FCPL-12.25%-11-6-28-PVT) INE14H407074 27 May 2026 27 May 2026 639/2026-2027 Rs. 80,000 per debenture

Impact Assessment

Impact is limited to debt segment participants holding or trading these specific private NCD instruments. The reduced face value reflects partial redemption of principal, which is a routine lifecycle event for NCDs. Equity markets are unaffected. Traders in the debt segment must adjust pricing models for these scrips from the respective ex-dates to avoid settlement discrepancies.

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