Description

Trading suspended in WBSEDC bonds (ISIN: INE411L07023) from October 10, 2025 due to record date for redemption and interest payment.

Summary

BSE has suspended trading in bonds of West Bengal State Electricity Distribution Company Ltd (WBSEDC) effective October 10, 2025. The suspension is due to the company fixing the record date for redemption of bonds and payment of interest. Trading members are advised not to deal in the specified bonds.

Key Points

  • Bond Name: WBSEDC-9.34%-II-25-10-25-PVT
  • ISIN: INE411L07023
  • Bond Code: 972599
  • Record Date: October 10, 2025
  • No Dealings From: October 10, 2025
  • Purpose: Redemption of Bonds and Payment of Interest
  • Notice Reference: DR-733/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard operational suspension pursuant to record date fixation for corporate action.

Compliance Requirements

  • Trading members must not execute any trades in the specified WBSEDC bonds from October 10, 2025
  • All pending orders for these bonds should be cancelled or suspended
  • Trading members must inform their clients about the trading suspension
  • No new positions can be opened in these securities

Important Dates

  • October 8, 2025: Notice issued by BSE
  • October 10, 2025: Record date for redemption and interest payment
  • October 10, 2025: Trading suspension effective date

Impact Assessment

Market Impact: High - Complete trading halt in the affected bonds prevents any secondary market transactions. Bondholders cannot exit or enter positions until the corporate action is completed.

Investor Impact: Bondholders as of the record date (October 10, 2025) will be eligible for the interest payment and will receive redemption proceeds. Secondary market liquidity is eliminated from the suspension date.

Operational Impact: Trading members must update their systems to block trades in the affected ISIN and communicate the suspension to clients holding or interested in these bonds.

Impact Justification

Complete trading suspension in bonds due to immediate redemption and interest payment, affecting all bondholders with no dealing allowed from October 10, 2025