Description
Trading suspended for Steel Authority of India Limited debt securities (ISIN: INE114A07638) effective October 23, 2025 due to maturity on October 26, 2025.
Summary
BSE has announced the suspension of trading in Steel Authority of India Limited (SAIL) debt securities with ISIN INE114A07638 (SAIL-AK-XII-8.80%-26-10-25-PVT) effective October 23, 2025. The suspension is due to the maturity of these bonds on October 26, 2025.
Key Points
- Debt security affected: SAIL-AK-XII-8.80%-26-10-25-PVT
- ISIN: INE114A07638
- Scrip Code: 972513
- Maturity Date: October 26, 2025
- Trading suspension effective: October 23, 2025
- Notice Number: DR-741/2025-2026
- Issuer: Steel Authority of India Limited
Regulatory Changes
No regulatory changes. This is a standard operational notice for debt security maturity.
Compliance Requirements
- Trading members must not execute trades in the specified SAIL debt securities from October 23, 2025 onwards
- Trading members should update their systems to reflect the trading suspension
- No new positions should be created in this security
Important Dates
- October 21, 2025: Notice issued
- October 23, 2025: Trading suspension effective date
- October 26, 2025: Maturity date of debt securities
Impact Assessment
Market Impact: Low - This is a routine suspension affecting a single debt security issue. The suspension prevents trading errors and ensures orderly maturity settlement.
Operational Impact: Minimal - Only holders and potential traders of this specific SAIL bond series are affected. The suspension is procedural and follows standard market practice for maturing debt securities.
Investor Impact: Bondholders will receive maturity proceeds as per the terms of the instrument. No trading opportunity loss as the security is at maturity.
Impact Justification
Routine suspension for a single debt security nearing maturity. Limited market impact affecting only holders of this specific SAIL bond series.