Description

Trading suspended in HDFC BANK LTD. debentures (HDFCB-7.70%-18-11-25-PVT) from October 31, 2025 due to redemption and interest payment with record date November 1, 2025.

Summary

BSE has announced the suspension of trading in specific non-convertible debentures of HDFC BANK LTD. (INE040A08641, Code: 974369) effective from October 31, 2025. The suspension is in connection with the company fixing November 1, 2025 as the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the mentioned debentures from the specified date.

Key Points

  • Debenture series affected: HDFCB-7.70%-18-11-25-PVT (INE040A08641)
  • BSE Code: 974369
  • Record date: November 1, 2025
  • No dealings permitted from: October 31, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice reference: DR-747/2025-2026
  • Issued by: Marian Dsouza, Assistant Vice President – Listing Operations (CRD)

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for debenture redemption and interest payment.

Compliance Requirements

  • Trading members must cease all dealings in the specified HDFC BANK LTD. debentures from October 31, 2025
  • Trading members are required to take note of the suspension and ensure compliance
  • No transactions should be executed in the affected debenture series (ISIN: INE040A08641) from the specified date

Important Dates

  • October 28, 2025: Circular issued
  • October 31, 2025: Trading suspension begins (no dealings permitted from this date)
  • November 1, 2025: Record date for redemption and interest payment

Impact Assessment

Market Impact: Limited impact as this affects only one specific debenture series of HDFC BANK LTD. The suspension is a standard procedure for corporate actions related to debt instrument redemption.

Operational Impact: Trading members holding or trading this specific debenture series must ensure settlement of any pending transactions before October 31, 2025. Debenture holders on record as of November 1, 2025 will receive the interest payment and redemption proceeds.

Investor Impact: Investors holding these debentures will receive their redemption amount along with final interest payment. No trading liquidity available after October 30, 2025 for this series.

Impact Justification

Trading suspension affects specific debenture holders and traders but is routine corporate action for redemption. Limited to single debenture series with 7.70% coupon.