Description

Trading suspended in HDFC Bank debentures (HDFCB-5.78%-25-11-25-PVT) from November 7, 2025 due to upcoming redemption and interest payment with record date set for 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 in preparation for the redemption of debentures and payment of interest, with the record date set for November 8, 2025. Trading members are instructed not to deal in these debentures from the specified no-dealings date.

Key Points

  • Specific debenture affected: HDFCB-5.78%-25-11-25-PVT (ISIN: INE040A08856)
  • BSE scrip code: 960239
  • No dealings permitted from: November 7, 2025
  • Record date: November 8, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Circular reference: DR-751/2025-2026
  • Notice number: 20251030-7

Regulatory Changes

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

Compliance Requirements

  • Trading members must cease all trading activities in the specified HDFC Bank debentures from November 7, 2025
  • Members should update their systems to prevent inadvertent trades in the suspended instrument
  • Debenture holders as of the record date (November 8, 2025) will be eligible for interest payment and redemption proceeds

Important Dates

  • October 30, 2025: Circular issued
  • November 7, 2025: Trading suspension begins (no dealings from this date)
  • November 8, 2025: Record date for redemption and interest payment eligibility

Impact Assessment

Market Impact: Limited - affects only holders of this specific HDFC Bank debenture series. No impact on equity shares or other debt instruments of HDFC Bank.

Investor Impact: Moderate for debenture holders - those holding the instrument as of the record date will receive final interest payment and principal redemption. Post-record date, the debentures will cease to exist.

Operational Impact: Trading members must ensure compliance with the no-dealings directive to avoid regulatory issues. Standard operational procedure for maturing debt instruments.

Impact Justification

Routine corporate action affecting specific debenture holders; limited broader market impact as it concerns single debt instrument redemption.