Description

Trading suspended in Bajaj Finance Limited debentures (INE296A07SF4) from November 3, 2025 due to redemption and interest payment with record date set for November 3, 2025.

Summary

BSE has announced suspension of trading in Non-Convertible Debentures (NCDs) of Bajaj Finance Limited with ISIN INE296A07SF4 (Code: 974362, BFL-7.9%-17-11-25-PVT) effective November 3, 2025. The suspension is due to the company fixing the 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

  • Debenture Series: BFL-7.9%-17-11-25-PVT
  • ISIN: INE296A07SF4
  • BSE Code: 974362
  • Record Date: November 3, 2025
  • No Dealings From: November 3, 2025
  • Purpose: Redemption of Debentures and Payment of Interest
  • Notice Number: DR-748/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debenture redemption.

Compliance Requirements

  • Trading members must not deal in the specified debentures of Bajaj Finance Limited from November 3, 2025
  • All trading members are required to take note of this suspension
  • Members should ensure their systems and processes reflect the trading suspension

Important Dates

  • October 29, 2025: Circular issued by BSE
  • November 3, 2025: Record date for redemption and interest payment
  • November 3, 2025: Trading suspension effective date

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. The 7.9% coupon rate debentures maturing in November 2025 will cease trading to facilitate the redemption process.

Investor Impact: Debenture holders as of the record date (November 3, 2025) will receive their interest payment and principal redemption amount. No further trading will be possible from this date.

Operational Impact: Trading members must update their systems to block trades in this security. The suspension is a standard procedure for debt securities approaching redemption and ensures proper settlement of redemption proceeds to eligible holders.

Impact Justification

Affects specific debenture holders of Bajaj Finance; trading suspension is routine for redemption process but impacts debt market participants holding this particular NCD series