Members of the Exchange are hereby informed that the trading in Non-Convertible Debentures (ISIN: INE140A07740; INE140A07757; INE140A07765; INE140A07773; INE140A07799, INE140A07807; INE140A07823; INE140A07849; INE140A07815; and INE140A07831) of Piramal Enterprises Limited shall be suspended w.e.f. September 23, 2025 (i.e., closing hours of trading on September 22, 2025) on account of Scheme of Amalgamation.
Awaiting price reaction for this filing.
Piramal Enterprises has informed the exchange that trading in 10 series of its Non-Convertible Debentures (NCDs) will be suspended from September 23, 2025 (i.e., end of September 22, 2025). The suspension is on account of a Scheme of Amalgamation involving the company. The affected ISINs include INE140A07740, INE140A07757, INE140A07765, INE140A07773, INE140A07799, INE140A07807, INE140A07823, INE140A07849, INE140A07815, and INE140A07831. NCD holders will not be able to trade these instruments on the exchange after the suspension date.
NCD investors will lose the ability to trade these debentures on the exchange post-September 22, 2025. This typically happens when a merger or amalgamation is imminent or has been approved, meaning existing NCDs will be dealt with as per the scheme's terms — investors should watch for details on the swap, redemption, or restructuring of their holdings.