Description

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

Summary

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

Key Points

  • Company: West Bengal State Electricity Distribution Company Ltd (WBSEDC)
  • Bond ISIN: INE411L07023
  • Bond Code: 972599
  • Bond Series: WBSEDC-9.34%-II-25-10-25-PVT
  • Record Date: October 10, 2025
  • No Dealings From: October 10, 2025
  • Purpose: Redemption of Bonds and Payment of Interest
  • Notice Number: DR-733/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action procedure for bond redemption.

Compliance Requirements

  • Trading members must cease all trading activities in the specified WBSEDC bonds from October 10, 2025
  • Trading members are required to take note of this suspension and ensure compliance
  • No dealings permitted in bond ISIN INE411L07023 (Code: 972599) from the specified date

Important Dates

  • Notice Date: October 8, 2025
  • Record Date: October 10, 2025
  • Trading Suspension Date: October 10, 2025

Impact Assessment

Market Impact: High - Complete trading suspension affects liquidity for bondholders who may need to exit positions before the suspension date.

Investor Impact: High - Bondholders must plan for the redemption and cannot trade these securities from October 10, 2025. Those holding the bonds on record date will receive interest payment and redemption proceeds.

Operational Impact: Trading members must update their systems to block trading in the specified bond and inform clients holding or interested in these securities about the suspension.

Impact Justification

Complete trading suspension for bond redemption affects all bondholders and trading members dealing in these securities