Description

Trading suspended in L&T Metro Rail (Hyderabad) Limited debentures (ISIN: INE128M08029) from October 14, 2025 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in 9.81% Non-Convertible Debentures of L&T Metro Rail (Hyderabad) Limited (ISIN: INE128M08029, Code: 952960) effective October 14, 2025. The suspension is due to the company fixing the record date for redemption of these debentures on the same day. Trading members are advised not to deal in these securities from October 14, 2025.

Key Points

  • Trading suspension applies to L&T Metro Rail (Hyderabad) Limited’s 9.81% debentures maturing on November 2, 2035
  • ISIN: INE128M08029, BSE Code: 952960
  • Record date for redemption: October 14, 2025
  • No dealings permitted from October 14, 2025
  • Notice issued under DR-735/2025-2026
  • Segment: Debt Market

Regulatory Changes

No regulatory framework changes. This is a standard procedural suspension for debenture redemption as per existing norms.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from October 14, 2025
  • Members must ensure no transactions are executed in ISIN INE128M08029 after the suspension date
  • Adherence to the record date requirements for redemption eligibility

Important Dates

  • Notice Date: October 9, 2025
  • Record Date: October 14, 2025
  • Trading Suspension Effective: October 14, 2025
  • Debenture Maturity: November 2, 2035 (original maturity)

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. The suspension is routine for redemption processes and affects only debt market participants with positions in these securities.

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

Operational Impact: Trading members must update their systems to block trades in this security and inform clients holding positions in these debentures about the redemption process.

Impact Justification

Affects specific debenture holders of L&T Metro Rail (Hyderabad) Limited. Trading suspension is procedural for redemption but impacts debt market participants holding these securities.