Description
BSE suspends trading in bonds of Tulsi Palace Resort Private Ltd effective August 4, 2025 due to mandatory redemption.
Summary
BSE has announced the suspension of trading in bonds of Tulsi Palace Resort Private Ltd effective August 4, 2025, following the company’s mandatory redemption of its bonds.
Key Points
- Company: Tulsi Palace Resort Private Ltd
- Scrip Code: TPRPL-10.50%-24-5-26-PVT INE0PKY07014 (974856)
- Action: Mandatory redemption of bonds
- Trading suspension effective: August 4, 2025
- Reference: DR-687/2025-2026
Regulatory Changes
No new regulatory changes introduced. Standard procedure for bond redemption.
Compliance Requirements
- Trading members must not deal in the specified bonds from August 4, 2025
- Trading members required to take note of the suspension
Important Dates
- Notice Date: August 1, 2025
- Trading Suspension Effective Date: August 4, 2025
Impact Assessment
Limited market impact as this affects bonds of a single private company. Standard corporate action with minimal broader market implications.
Impact Justification
Affects only specific private company bonds with limited market impact