Description
BSE suspends trading in IRFC bonds due to redemption with record date August 6, 2025.
Summary
BSE has suspended trading in bonds of Indian Railway Finance Corporation (IRFC) effective August 6, 2025, due to the company fixing a record date for bond redemption. The suspension applies to IRFC bonds with code INE053F07785 (952680) bearing 7.15% interest rate.
Key Points
- Trading suspension effective from August 6, 2025
- Applies to IRFC 7.15% bonds maturing August 21, 2025
- Bond code: INE053F07785 (952680)
- Purpose: Bond redemption process
- Trading members advised not to deal in these bonds
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification for bond redemption.
Compliance Requirements
- Trading members must not deal in the specified IRFC bonds from August 6, 2025
- All market participants must comply with the trading suspension
- Record date compliance required for redemption eligibility
Important Dates
- Record Date: August 6, 2025
- No Dealings From: August 6, 2025
- Bond Maturity: August 21, 2025
- Notice Date: August 4, 2025
Impact Assessment
Medium impact on debt market participants holding IRFC bonds. The trading suspension is temporary and relates to the normal redemption process. Bond holders eligible as per record date will receive redemption proceeds. No significant market disruption expected as this is a routine corporate action for maturing debt securities.
Impact Justification
Trading suspension affects bond holders but is routine corporate action for redemption