Description
Trading suspended for WBSEDCL bonds due to record date for interest payment and redemption effective August 1, 2025.
Summary
BSE has suspended trading in bonds of West Bengal State Electricity Distribution Company Ltd (WBSEDCL) effective August 1, 2025, due to the company fixing a record date for interest payment and bond redemption.
Key Points
- Trading suspension applies to WBSEDCL bonds with ISIN INE411L07015 (Code: 972591)
- Bond series: WBSEDCL-SR-I-9.34%-16-8-25-PVT
- Record date set for August 1, 2025
- Purpose: Redemption of bonds and payment of interest
- Trading members advised not to deal in these bonds
Regulatory Changes
No regulatory framework changes. This is a standard operational measure for corporate actions.
Compliance Requirements
- Trading members must not deal in the specified WBSEDCL bonds from August 1, 2025
- All trading members required to take note of the suspension
Important Dates
- Record Date: August 1, 2025
- No Dealings From: August 1, 2025
- Notice Date: July 30, 2025
Impact Assessment
Limited impact confined to holders of specific WBSEDCL bond series. Standard corporate action procedure that temporarily restricts trading to ensure proper settlement of interest payments and bond redemption to eligible holders as of the record date.
Impact Justification
Trading suspension affects specific bond holders but limited to single issuer's debt securities