Description

Trading suspended in Bajaj Finance debentures (INE296A08763) from October 23, 2025 due to redemption and interest payment with record date on October 23, 2025.

Summary

BSE has suspended trading in specific debentures of Bajaj Finance Limited (Code: BFL-8.94%-7-11-25-PVT, ISIN: INE296A08763, Security Code: 952990) effective from October 23, 2025. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • Debenture ISIN: INE296A08763 (BFL-8.94%-7-11-25-PVT)
  • Security Code: 952990
  • Record date: October 23, 2025
  • No dealings permitted from: October 23, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice Number: DR-741/2025-2026
  • Issuer: Bajaj Finance Limited

Regulatory Changes

No regulatory changes introduced. This is a standard operational circular for temporary trading suspension related to corporate action processing.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from October 23, 2025
  • Trading members should inform their clients holding these debentures about the trading suspension
  • Members must ensure compliance with the no-dealings restriction to facilitate proper settlement of redemption and interest payment

Important Dates

  • October 16, 2025: Circular issued
  • October 23, 2025: Record date for redemption and interest payment
  • October 23, 2025: Trading suspension effective date (no dealings permitted from this date)

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. Does not affect equity shares of Bajaj Finance Limited or other debt securities.

Investor Impact: Debenture holders as of the record date will receive redemption proceeds and final interest payment. No trading opportunity available from October 23, 2025 onwards.

Operational Impact: Trading members need to update their systems to block trades in this specific ISIN from the effective date. Settlement teams must process redemption and interest payments for eligible holders.

Impact Justification

Routine debenture redemption requiring temporary trading suspension; impacts only specific debt security holders, not equity trading