Description

Trading suspended for BAJAJ FINANCE LIMITED debentures (INE296A08763) from October 23, 2025 due to redemption and interest payment with record date set for the same day.

Summary

BSE has issued a notice regarding the suspension of trading in specific debentures of BAJAJ FINANCE LIMITED. The company has fixed a record date of October 23, 2025 for the purpose of redemption and interest payment on its 8.94% debentures maturing on November 7, 2025. Trading members are advised not to deal in these debentures from October 23, 2025 onwards.

Key Points

  • Company: BAJAJ FINANCE LIMITED
  • Debenture ISIN: INE296A08763 (Code: 952990)
  • Debenture Series: BFL-8.94%-7-11-25-PVT
  • Record Date: October 23, 2025
  • No Dealings From: October 23, 2025
  • Purpose: Redemption of Debentures and Payment of Interest
  • Notice Reference: DR-741/2025-2026

Regulatory Changes

No regulatory changes. This is a standard operational notice for corporate action processing.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from October 23, 2025
  • All market participants must take note of the trading suspension
  • Debenture holders on record as of October 23, 2025 will be eligible for interest payment and redemption proceeds

Important Dates

  • October 16, 2025: Notice issuance date
  • October 23, 2025: Record date and start of trading suspension
  • November 7, 2025: Debenture maturity date (as per series nomenclature)

Impact Assessment

Market Impact: Limited impact as this affects only a specific series of private placement debentures. The suspension is temporary and tied to the redemption process.

Investor Impact: Debenture holders will receive their final interest payment and principal redemption. Trading is suspended to ensure proper settlement and prevent trades that would not settle before redemption.

Operational Impact: Trading members need to update their systems to block trading in this specific ISIN from October 23, 2025. Standard corporate action processing procedure with no unusual elements.

Impact Justification

Trading suspension affects specific debenture holders and traders but is routine corporate action for redemption. Limited to single series of private placement debentures.