SAKTHI-FINANCE - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/sakthi-finance/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usFri, 10 Apr 2026 00:00:00 +0000Suspension of Trading in Debentures and Bonds - Record Date for Interest/Redemptionhttps://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-10-7289bdc4cbe256c5-suspension-of-trading-in-debentures-and-bonds/Fri, 10 Apr 2026 10:47:50 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-10-7289bdc4cbe256c5-suspension-of-trading-in-debentures-and-bonds/BSE advises trading members to suspend dealing in NCDs/Bonds of 11 companies including Power Finance Corporation, L&T Finance, Mahindra Rural Housing Finance, and others that have fixed record dates for interest payment or redemption between April 16 and May 3, 2026.bsetradingmediummediummedium7289bdc4cbe256c5https://www.bseindia.com/downloads/UploadDocs/Notices/20260410-18/20260410-18.pdfPFCLTFHPOONAWALLA-FINCORPKOSAMATTAM-FINANCEMAHINDRA-RURAL-HOUSING-FINANCEACHIIEVERS-FINANCESAKTHI-FINANCEMUTHOOT-MERCANTILESTANDARD-CHARTERED-CAPITALsuspension-of-tradingdebenturesbondsncdnon-convertible-debenturescorporate-actionsdebt-segmentrecord-dateredemptioninterest-paymentlisting-operationsSummary

BSE Notice No. 20260410-18 directs all trading members to refrain from dealing in the Non-Convertible Debentures (NCDs) and Bonds of specified companies that have fixed record dates for the purpose of interest payment or redemption. A total of 14 debt instruments across 11 companies are covered, with record dates ranging from April 16 to May 3, 2026.

Key Points

  • Trading members must not deal in the listed NCDs/Bonds on or around their respective record dates and ex-dates.
  • 14 debt instruments from 11 issuers are subject to this suspension.
  • Suspensions are for the purpose of payment of interest and/or redemption of principal.
  • Settlement references range from Series 611/2026-2027 to 621/2026-2027.
  • Issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations.

Regulatory Changes

No new regulatory framework is introduced. This is a standard operational notice under BSE’s debt segment listing compliance procedures, enforcing trading restrictions around corporate action record dates for debt instruments.

Compliance Requirements

  • Trading members must cease dealing in the specified debentures/bonds effective the respective ex-dates.
  • Members must ensure no transactions are executed in the listed ISIN codes on or after the stated ex-dates until further notice.
  • Compliance is mandatory for all members active in the Debt segment.

Important Dates

Scrip Code Company Scrip ID ISIN Record Date Ex Date
953885 Power Finance Corporation Ltd PFC-8.03%-2-5-26-PVT INE134E08IE1 16/04/2026 16/04/2026
936622 Kosamattam Finance Limited KFL-ZC-5-5-26-NCD INE403Q08167 20/04/2026 20/04/2026
953906 Mahindra Rural Housing Finance Limited MRHFL-8.90%-05-05-26-PVT INE950O08048 20/04/2026 20/04/2026
973185 Achiievers Finance India Limited AFIL-11.75%-7-5-26 INE065507373 20/04/2026 20/04/2026
973188 Achiievers Finance India Limited AFIL-12.25%-7-5-26 INE065507407 20/04/2026 20/04/2026
953904 Mahindra Rural Housing Finance Limited MRHFL-9.10%-06-05-26-PVT INE950O08055 21/04/2026 21/04/2026
953950 L&T Finance Limited LTF-8.6700%-06-05-26-PVT INE235P07316 21/04/2026 21/04/2026
975371 Poonawalla Fincorp Limited PWFL-8.38%-7-5-26-PVT INE511C07797 22/04/2026 22/04/2026
938596 Sakthi Finance Ltd. SFL-9.25%-8-5-26-NCD INE302E07540 23/04/2026 23/04/2026
938598 Sakthi Finance Ltd. SFL-08-5-26-NCD INE302E07516 23/04/2026 23/04/2026
939707 Muthoot Mercantile Limited MML-10.80%-11-5-26-NCD INE05F407CP4 24/04/2026 24/04/2026
939709 Muthoot Mercantile Limited MML-11-5-26-NCD INE05F407CN9 24/04/2026 24/04/2026
954028 Mahindra Rural Housing Finance Limited MRHFL-9.10%-18-05-26-PVT INE950O08063 03/05/2026 30/04/2026
976498 Standard Chartered Capital Limited SCCL-8.05%-18-5-26-PVT INE403G07103 30/04/2026 30/04/2026

Impact Assessment

This circular has a moderate operational impact on debt segment participants. Trading members holding or transacting in the 14 listed ISIN codes must suspend activity around the specified ex-dates. The suspension is temporary and limited to each instrument’s record/ex-date window. NCD holders are unaffected in terms of their interest/redemption entitlements — the suspension exists to ensure clean settlement of corporate action benefits. No equity market impact is expected. Instruments span multiple well-known NBFC and financial institution issuers, including PFC, L&T Finance, and Mahindra Rural Housing Finance.

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