Description
BSE suspends trading in STATE BANK OF INDIA bonds (INE062A08256) from September 4, 2025 due to record date for redemption and interest payment.
Summary
BSE has announced the suspension of trading in bonds of STATE BANK OF INDIA (Code: INE062A08256) effective September 4, 2025, due to the company fixing a record date of September 5, 2025 for redemption of bonds and payment of interest.
Key Points
- Trading suspension applies to SBI bonds with code INE062A08256 (960026)
- Bond series: SBI-6.24%-21-9-30-PVT
- No dealings allowed from September 4, 2025
- Record date set for September 5, 2025
- Purpose: Redemption of bonds and payment of interest
Regulatory Changes
No regulatory changes - this is a standard corporate action procedure for bond redemption.
Compliance Requirements
- Trading members must not deal in the specified SBI bonds from September 4, 2025
- Trading members are advised to take note of the suspension
- All trading activities in these bonds must cease before the record date
Important Dates
- September 4, 2025: Trading suspension begins (no dealings from this date)
- September 5, 2025: Record date for redemption and interest payment
Impact Assessment
Limited impact as this affects only specific bond holders of STATE BANK OF INDIA debt securities. The suspension is temporary and related to routine corporate actions for bond redemption and interest distribution. Bond holders as of record date will receive their redemption proceeds and interest payments.
Impact Justification
Routine trading suspension for bond redemption affecting specific debt security holders