Description

Trading suspended in Bajaj Finance debentures (INE296A07SF4) from November 3, 2025 for redemption and interest payment purposes.

Summary

BSE has suspended trading in specific non-convertible debentures of Bajaj Finance Limited (Code: BFL-7.9%-17-11-25-PVT, ISIN: INE296A07SF4, Scrip Code: 974362) effective November 3, 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 specified date.

Key Points

  • Trading suspension applies to specific NCDs: INE296A07SF4 (974362)
  • Debenture series: BFL-7.9%-17-11-25-PVT
  • Record date set for November 3, 2025
  • Purpose: Redemption of debentures and payment of interest
  • No dealings permitted from November 3, 2025 onwards
  • Circular reference: DR-748/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from November 3, 2025
  • Trading members must inform their clients holding these debentures about the suspension
  • Debenture holders should note the record date for interest payment and redemption eligibility

Important Dates

  • Notice Date: October 29, 2025
  • Record Date: November 3, 2025
  • No Dealings From: November 3, 2025

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. No impact on equity trading or other debt instruments of Bajaj Finance Limited.

Operational Impact: Trading members must update their systems to block trading in the specified ISIN. Debenture holders eligible as per record date will receive interest payment and redemption proceeds as per the debenture terms.

Liquidity Impact: Debenture holders will not be able to exit their positions through secondary market trading from November 3, 2025 onwards, but will receive redemption proceeds as scheduled.

Impact Justification

Routine trading suspension for debenture redemption affecting specific debt instrument holders; limited broader market impact