Description

Trading suspended in debentures of India Infradebt Limited from October 28, 2025 due to record date for redemption and interest payment.

Summary

BSE has suspended trading in Non-Convertible Debentures (NCDs) of India Infradebt Limited (ISIN: INE537P07588, Code: 960203) effective October 28, 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 suspension date.

Key Points

  • Debenture Code: IIL-7%-12-11-25-PVT (960203)
  • ISIN: INE537P07588
  • Record Date: October 28, 2025
  • Purpose: Redemption of Debentures and Payment of Interest
  • No dealings permitted from: October 28, 2025
  • Notice Reference: DR-744/2025-2026

Regulatory Changes

No regulatory changes. This is a routine operational suspension aligned with corporate action timelines for debenture redemption and interest payment.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from October 28, 2025
  • Members must ensure clients are informed about the trading suspension
  • No fresh positions should be taken in these debentures

Important Dates

  • October 24, 2025: Notice issued by BSE
  • October 28, 2025: Record date for redemption and interest payment; trading suspension effective from this date

Impact Assessment

Market Impact: High for holders of these specific debentures. Liquidity is completely frozen from the suspension date. Investors holding these securities cannot exit positions through secondary market trading.

Investor Impact: Debenture holders will receive redemption proceeds and interest payment as per the terms. However, no trading flexibility exists from October 28, 2025 onwards.

Operational Impact: Trading members must update their systems to block trading in these debentures and communicate the suspension to affected clients.

Impact Justification

Complete suspension of trading in specific debentures affecting debt market participants holding or trading these securities