Description
Trading suspended for WBSEDCL bonds due to record date for interest payment and redemption on 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 record date for interest payment and bond redemption.
Key Points
- Trading suspension applies to WBSEDCL bonds with ISIN INE411L07015 (Scrip 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 from August 1, 2025
Regulatory Changes
No regulatory framework changes. Standard procedure for bond trading suspension before record date.
Compliance Requirements
- Trading members must cease all dealings in the specified WBSEDCL bonds
- No transactions permitted from August 1, 2025
- Trading members required to take note of the suspension
Important Dates
- Record Date: August 1, 2025
- Trading Suspension Date: August 1, 2025
- Notice Date: July 30, 2025
Impact Assessment
Direct impact limited to holders and traders of this specific WBSEDCL bond series. Suspension is temporary and related to corporate action processing. No broader market implications expected.
Impact Justification
High importance due to complete trading suspension; medium impact as affects specific bond only