Description
Trading suspension for HDFC BANK LTD debentures (ISIN: INE040A08856) from November 7, 2025 due to record date for redemption and interest payment.
Summary
BSE has announced the suspension of trading in specific non-convertible debentures of HDFC BANK LTD (ISIN: INE040A08856, Code: 960239) effective from November 7, 2025. The suspension is due to the company fixing November 8, 2025 as 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: HDFCB-5.78%-25-11-25-PVT
- ISIN: INE040A08856
- Scrip Code: 960239
- Record date: November 8, 2025
- No dealings from: November 7, 2025
- Purpose: Redemption of debentures and payment of interest
- Notice reference: DR-751/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification.
Compliance Requirements
- Trading members must not execute any deals in the specified debentures from November 7, 2025
- Trading members are required to take note of the suspension and communicate to their clients accordingly
- All pending orders for the specified debentures should be cancelled or modified before the suspension date
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
Impact Assessment
Market Impact: Low - This affects only a single series of privately placed debentures of HDFC BANK LTD. The impact is limited to holders of this specific debenture series.
Operational Impact: Minimal - Trading members need to ensure their systems do not accept orders for the specified ISIN from November 7, 2025. This is a routine corporate action that occurs regularly for maturing debt instruments.
Investor Impact: Debenture holders should note that they cannot trade these securities from November 7, 2025. Investors who wish to sell should do so before the suspension date. Those holding the debentures on the record date will receive interest payment and redemption proceeds as per the terms of the issue.
Impact Justification
Routine trading suspension for specific debenture series ahead of redemption. Limited impact as it affects only one private placement debenture series. Standard corporate action procedure.