Description
BSE suspends trading in APCRDA bonds due to record date for interest payment and redemption on July 30, 2025.
Summary
BSE has suspended trading in bonds of Andhra Pradesh Capital Region Development Authority (APCRDA) effective July 30, 2025, due to the company fixing record date for interest payment and bond redemption.
Key Points
- Trading suspension applies to APCRDA 10.32% bonds maturing August 16, 2025
- Bond code: INE01E708024 (958177)
- Trading members advised not to deal in these bonds from July 30, 2025
- Suspension related to corporate action processing
Regulatory Changes
No regulatory changes - standard procedure for corporate actions requiring record date fixation.
Compliance Requirements
- Trading members must cease all dealings in specified APCRDA bonds from July 30, 2025
- Members required to note the suspension and inform clients accordingly
Important Dates
- Record Date: July 30, 2025
- No Dealings From: July 30, 2025
- Bond Maturity: August 16, 2025
Impact Assessment
Limited impact as suspension affects only one bond issue nearing maturity. Standard corporate action procedure to ensure proper settlement of interest payments and redemption proceeds to eligible bondholders.
Impact Justification
Trading suspension affects specific bond holders but limited to single issuer