Description
Trading suspended in ICICI HOME FINANCE COMPANY LIMITED debentures (ISIN: INE071G07561) from November 7, 2025 for interest payment and redemption with record date November 8, 2025.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of ICICI HOME FINANCE COMPANY LIMITED (Code: 974384, ISIN: INE071G07561) effective November 7, 2025. The suspension is implemented to facilitate the processing of interest payment and redemption of debentures with a record date of November 8, 2025. Trading members are advised not to deal in these debentures during the suspension period.
Key Points
- Trading suspended for ICICI HOME FINANCE COMPANY LIMITED NCDs (ICICIHFCL-7.95%-24-11-25-PVT)
- ISIN: INE071G07561, BSE Code: 974384
- Record date for corporate action: November 8, 2025
- No dealings permitted from: November 7, 2025
- Purpose: Redemption of debentures and payment of interest
- Notice Number: DR-751/2025-2026
- Circular issued: October 29, 2025
Regulatory Changes
No regulatory framework changes. This is a standard operational measure implemented under existing BSE rules for processing corporate actions on debt securities.
Compliance Requirements
- Trading Members: Must not execute any trades in the specified debentures from November 7, 2025
- Market Participants: Must note the trading suspension and adjust positions accordingly
- Broker-Dealers: Should inform clients holding or interested in these debentures about the suspension
- Compliance Teams: Must ensure trading systems reflect the suspension to prevent inadvertent trades
Important Dates
- October 29, 2025: Circular issued by BSE
- November 7, 2025: Trading suspension begins (no dealings permitted)
- November 8, 2025: Record date for interest payment and redemption
- Expected: Redemption date around November 24-25, 2025 (based on debenture series name)
Impact Assessment
Market Impact: High impact on holders of these specific NCDs as liquidity will be completely frozen from November 7, 2025. Investors cannot exit positions through secondary market trading during the suspension period.
Investor Impact: Debenture holders as of record date (November 8, 2025) will receive interest payment and principal redemption. Those wishing to sell must do so before November 7, 2025, while buyers have until November 6, 2025 to acquire positions for eligibility.
Operational Impact: Trading members must update their systems and processes to block trading in this specific ISIN. Settlement of any trades executed before November 7 must be completed before the record date to ensure proper entitlement.
Liquidity Impact: Complete elimination of secondary market liquidity for this specific debenture series during the suspension period, which is standard practice for processing redemptions and final interest payments.
Impact Justification
High ranking due to complete trading suspension of specific debenture affecting investors and trading members, with immediate effect from November 7, 2025 for corporate action processing.