Description
Trading suspension for GERA DEVELOPMENTS PRIVATE LIMITED debentures due to record date for interest payment and redemption
Summary
BSE has suspended trading in non-convertible debentures of GERA DEVELOPMENTS PRIVATE LIMITED effective September 4, 2025, due to the company fixing a record date of September 5, 2025 for interest payment and redemption purposes.
Key Points
- Trading suspension applies to GDPL 9.60% debentures maturing September 24, 2025
- ISIN: INE965R07306 (Code: 974829)
- No dealings permitted from September 4, 2025
- Record date set for September 5, 2025
Regulatory Changes
No regulatory framework changes - standard procedure for corporate action processing.
Compliance Requirements
- Trading members must not deal in the specified debentures from September 4, 2025
- All market participants must observe the trading suspension
Important Dates
- September 4, 2025: Trading suspension begins
- September 5, 2025: Record date for interest payment and redemption
- September 24, 2025: Debenture maturity date
Impact Assessment
Limited impact as suspension affects only one company’s debt instrument. Debenture holders will receive interest payment and redemption proceeds as per the established record date. Normal market operations continue for all other securities.
Impact Justification
Trading suspension affects specific debenture holders but limited to one company's debt instrument