Description

Trading suspended in HDB Financial Services debentures from October 31, 2025 due to redemption and interest payment with record date November 2, 2025.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of HDB Financial Services Limited effective October 31, 2025. The suspension is implemented due to the company fixing a record date of November 2, 2025 for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the no-dealings date.

Key Points

  • Company: HDB Financial Services Limited
  • Security: Non-Convertible Debentures (ISIN: INE756I07EM6, Code: 974366)
  • Coupon Rate: 7.96%
  • Maturity Date: November 17, 2025
  • Record Date: November 2, 2025
  • No Dealings From: October 31, 2025
  • Purpose: Redemption of Debentures and Payment of Interest
  • Notice Reference: DR-747/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard market practice notification for suspension of trading ahead of record date for corporate actions.

Compliance Requirements

  • Trading members must not deal in the specified HDB Financial Services debentures from October 31, 2025
  • Trading members are required to take note of the suspension and ensure compliance with the no-dealings restriction
  • Only the specific ISIN mentioned (INE756I07EM6) is affected by this suspension

Important Dates

  • October 28, 2025: Notice issued
  • October 31, 2025: Trading suspension begins (no dealings from this date)
  • November 2, 2025: Record date for redemption and interest payment
  • November 17, 2025: Maturity date of debentures

Impact Assessment

Market Impact: Limited and specific to holders of this particular HDB Financial Services NCD issue. The suspension is temporary and routine for redemption processing.

Investor Impact: Debenture holders will receive their redemption amount and final interest payment. No trading opportunity exists from October 31, 2025 onwards for this security.

Operational Impact: Trading members must update their systems to prevent any inadvertent trading in this security during the suspension period. The security will cease to exist post-redemption on the maturity date.

Impact Justification

Affects specific debenture holders of HDB Financial Services. Trading suspension is routine for redemption and interest payment processing but impacts liquidity for those holding these securities.