Description
BSE suspends trading in bonds of Tulsi Palace Resort Private Ltd effective August 04, 2025 due to mandatory redemption event.
Summary
BSE has suspended trading in bonds of TULSI PALACE RESORT PRIVATE LTD (Scrip Code: 974856, ISIN: INE0PKY07014) effective August 04, 2025, following the company’s notification of mandatory bond redemption.
Key Points
- Company: TULSI PALACE RESORT PRIVATE LTD
- Bond Details: TPRPL-10.50%-24-5-26-PVT
- Scrip Code: 974856
- ISIN: INE0PKY07014
- Reason: Mandatory Redemption Event
- Trading suspension effective from August 04, 2025
Regulatory Changes
No regulatory framework changes - standard procedure for bond redemption.
Compliance Requirements
- Trading members advised not to deal in the specified bonds
- Trading members must take note of the suspension
- Compliance with DR-687/2025-2026 directive
Important Dates
- Notice Date: August 01, 2025
- Trading Suspension Effective: August 04, 2025
Impact Assessment
Limited market impact as this affects only bondholders of a specific private limited company. Standard corporate action following mandatory redemption event with no broader market implications.
Impact Justification
Affects only specific bond holders of a private limited company with limited market impact