Description
Trading suspended for NMDC STEEL LIMITED debentures due to record date for interest payment and redemption on August 12, 2025.
Summary
BSE has suspended trading in debentures of NMDC STEEL LIMITED effective August 12, 2025, due to the company fixing a record date for interest payment and redemption of its non-convertible debentures.
Key Points
- Trading suspension applies to NMDC STEEL LIMITED debentures (ISIN: INE584A08010, Code: 959957)
- Record date fixed for August 12, 2025
- Suspension covers both interest payment and redemption purposes
- Trading members advised not to deal in the specified debentures
Regulatory Changes
No regulatory changes - this is a standard corporate action procedure.
Compliance Requirements
- Trading members must not deal in NMDC STEEL LIMITED debentures from August 12, 2025
- Trading members required to take note of the suspension
Important Dates
- Record Date: August 12, 2025
- No Dealings From: August 12, 2025
- Notice Date: August 7, 2025
Impact Assessment
Limited impact as this is a routine corporate action affecting only holders of NMDC STEEL LIMITED debentures. The suspension facilitates proper settlement of interest payments and redemption processes for the specific debt securities.
Impact Justification
Trading suspension affects debt securities holders but is routine corporate action with limited market-wide impact