Description

Trading suspended in debentures of L&T Metro Rail (Hyderabad) Limited from October 14, 2025 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of L&T METRO RAIL (HYDERABAD) LIMITED effective October 14, 2025. The suspension is due to the company fixing a record date for redemption of debentures. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Company: L&T METRO RAIL (HYDERABAD) LIMITED
  • ISIN: INE128M08029
  • Scrip Code: 952960
  • Debenture Series: LTMRH-9.81%-2-11-35-PVT
  • Record Date: October 14, 2025
  • No Dealings From: October 14, 2025
  • Purpose: Redemption of Debentures
  • Notice Reference: DR-735/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for debenture redemption.

Compliance Requirements

  • Trading members must not execute trades in the specified debentures from October 14, 2025
  • Trading members are required to take note of the suspension and communicate to clients holding or interested in these debentures
  • All market participants must comply with the trading suspension to facilitate the redemption process

Important Dates

  • Notice Date: October 9, 2025
  • Record Date: October 14, 2025
  • Trading Suspension Effective Date: October 14, 2025

Impact Assessment

Market Impact: Limited to holders of the specific debenture series (LTMRH-9.81%-2-11-35-PVT). The suspension is temporary and procedural in nature to facilitate redemption.

Operational Impact: Trading members need to update their systems to block trading in the specified ISIN from October 14, 2025. Investors holding these debentures will receive redemption proceeds as per the redemption terms.

Investor Impact: Debenture holders on record as of October 14, 2025 will be eligible for redemption. No secondary market liquidity will be available from the suspension date onwards for this series.

Impact Justification

Medium importance as it affects specific debenture holders of L&T Metro Rail (Hyderabad) Limited. Impact limited to debt segment with suspension effective from record date for redemption purposes.