Description
BSE suspends trading in two series of National Housing Bank debentures from August 25, 2025 due to redemption and interest payment with record date set.
Summary
BSE has suspended trading in two series of National Housing Bank (NHB) debentures effective August 25, 2025, due to scheduled redemption and interest payment. The suspension applies to debentures with ISINs INE557F09278 and INE557F09286, both carrying 9.75% interest rates.
Key Points
- Trading suspension effective from August 25, 2025
- Affects two NHB debenture series: NHB-SSB-9.75%-10-9-2025-PVT and NHB-SSB-9.75%-10-9-2025A-PVT
- Record date set for August 25, 2025 for both redemption and interest payment
- Trading members advised not to deal in these specific debentures
- Circular reference: DR-701/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard procedural suspension for corporate action processing.
Compliance Requirements
- Trading members must not deal in the specified NHB debentures from August 25, 2025
- Members required to note the suspension and comply with no-dealing instructions
- Adherence to record date procedures for redemption and interest payment processing
Important Dates
- Record Date: August 25, 2025 - for redemption of debentures and payment of interest
- Trading Suspension Date: August 25, 2025 - no dealings permitted from this date
- Notice Date: August 20, 2025
Impact Assessment
Limited market impact as this affects only two specific debenture series of National Housing Bank. Routine corporate action suspension with no broader market implications. Holders of these debentures will receive redemption proceeds and final interest payment as per the established record date.
Impact Justification
Routine suspension for corporate action affecting specific debenture series with limited market impact