Description

Trading suspended in HDFC Bank debentures (INE040A08856) from November 7, 2025 due to redemption and interest payment with record date of November 8, 2025.

Summary

BSE has announced the suspension of trading in specific non-convertible debentures of HDFC BANK LTD (ISIN: INE040A08856, Code: 960239) effective November 7, 2025. The suspension is due to the upcoming redemption of debentures and payment of interest, with a record date set for November 8, 2025. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • HDFC Bank debenture series affected: HDFCB-5.78%-25-11-25-PVT (INE040A08856)
  • Scrip code: 960239
  • Record date for redemption and interest payment: November 8, 2025
  • No dealings permitted from: November 7, 2025
  • Circular reference: DR-751/2025-2026
  • Notice number: 20251030-7

Regulatory Changes

No new regulatory changes introduced. This is a standard operational notice for debenture redemption procedures.

Compliance Requirements

  • Trading members must cease dealing in the specified HDFC Bank debentures from November 7, 2025
  • Trading members should inform their clients holding these debentures about the suspension
  • No buy or sell transactions should be executed for ISIN INE040A08856 from the specified date

Important Dates

  • October 30, 2025: Notice date
  • November 7, 2025: Trading suspension begins (no dealings permitted from this date)
  • November 8, 2025: Record date for redemption and interest payment
  • November 25, 2025: Expected redemption date (based on debenture series name)

Impact Assessment

Market Impact: Low to medium. The suspension affects only a specific series of HDFC Bank debentures and does not impact equity trading or other debt instruments of the bank.

Investor Impact: Medium for debenture holders. Investors holding these specific debentures will receive their redemption proceeds and final interest payment. They cannot trade these securities from November 7, 2025.

Operational Impact: Routine operational matter for trading members dealing in debt securities. Standard procedure for debenture maturity and redemption process.

Impact Justification

Trading suspension affects specific debenture series with limited broader market impact; mainly concerns debt security holders of this particular instrument