Description
BSE suspends trading in debentures of Gera Developments Private Limited due to record date fixing for interest payment and redemption.
Summary
BSE has suspended trading in Non-Convertible Debentures of GERA DEVELOPMENTS PRIVATE LIMITED (ISIN: INE965R07306, Code: 974829) effective September 4, 2025, due to the company fixing a record date of September 5, 2025 for interest payment and debenture redemption.
Key Points
- Trading suspension applies to GDPL-9.60%-24-9-25-PVT debentures
- Record date fixed for September 5, 2025
- No dealings allowed from September 4, 2025
- Purpose: Redemption of debentures and payment of interest
- ISIN: INE965R07306 (Code: 974829)
Regulatory Changes
No regulatory framework changes. Standard BSE procedure for corporate action-related trading suspensions.
Compliance Requirements
- Trading members must not deal in the specified debentures from September 4, 2025
- All trading activity in these debentures must cease before the record date
- Members required to take note of the suspension notice
Important Dates
- Notice Date: August 28, 2025
- Trading Suspension Date: September 4, 2025
- Record Date: September 5, 2025
- Purpose: Interest payment and debenture redemption
Impact Assessment
Limited impact as this affects only specific debenture holders of Gera Developments Private Limited. Trading suspension is temporary and standard procedure for corporate actions involving record date determination. No broader market implications expected.
Impact Justification
Trading suspension affects specific debenture holders and limits market activity for this instrument