Description
Trading suspended in IRFC bonds due to redemption with record date August 6, 2025. No dealings allowed from August 6, 2025.
Summary
BSE has suspended trading in Indian Railway Finance Corporation (IRFC) bonds effective August 6, 2025, due to the company setting a record date for bond redemption. The suspension applies to bonds with code IRFC-7.15%-21-8-25-PVT (INE053F07785/952680).
Key Points
- Trading suspension effective from August 6, 2025
- Applies to IRFC bonds with 7.15% coupon rate
- Bond code: INE053F07785 (952680)
- Record date set for August 6, 2025
- Purpose: Bond redemption
- Trading members advised not to deal in these bonds
Regulatory Changes
No new regulatory changes introduced. Standard procedure for bond redemption requiring trading suspension.
Compliance Requirements
- Trading members must not deal in the specified IRFC bonds from August 6, 2025
- Trading members required to take note of the suspension
- No dealings allowed in bonds with code IRFC-7.15%-21-8-25-PVT
Important Dates
- Record Date: August 6, 2025
- No Dealings From: August 6, 2025
- Notice Date: August 4, 2025
Impact Assessment
Limited market impact as suspension affects only specific IRFC bond series approaching redemption. Bond holders with record date eligibility will receive redemption proceeds. Trading activity in other IRFC securities remains unaffected. Standard corporate action procedure with temporary trading restriction.
Impact Justification
Trading suspension affects specific bond holders but limited to single security redemption