Description
Trading suspension for GERA DEVELOPMENTS PRIVATE LIMITED debentures due to record date for interest payment and redemption.
Summary
BSE has suspended trading in debentures of GERA DEVELOPMENTS PRIVATE LIMITED effective September 4, 2025, due to the company setting a record date of September 5, 2025, for interest payment and redemption purposes.
Key Points
- Trading suspension applies to GDPL-9.60%-24-9-25-PVT debentures (ISIN: INE965R07306, Code: 974829)
- No dealings permitted from September 4, 2025
- Record date set for September 5, 2025
- Purpose includes both redemption of debentures and payment of interest
Regulatory Changes
No regulatory changes - standard procedure for corporate actions involving debt securities.
Compliance Requirements
- Trading members must not deal in the specified debentures from September 4, 2025
- Trading members required to take note of the suspension
Important Dates
- No Dealings From: September 4, 2025
- Record Date: September 5, 2025
- Notice Date: August 28, 2025
Impact Assessment
Limited impact as suspension affects only one specific debenture series from a private company. Standard corporate action procedure with temporary trading halt to facilitate proper record keeping for interest payment and redemption process.
Impact Justification
Specific debenture trading suspension affecting single issuer with defined timeline