Description

Trading suspended in HDFC Bank debentures (INE040A08856) from November 7, 2025 due to upcoming 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 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 (Code: 960239)
  • Record date: November 8, 2025
  • No dealings from: November 7, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Circular reference: DR-751/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification following established procedures for debt securities.

Compliance Requirements

  • Trading members must not deal in the specified HDFC Bank debentures from November 7, 2025
  • Trading members must inform their clients about the trading suspension
  • Debenture holders as on 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

Impact Assessment

Market Impact: Limited to holders of this specific HDFC Bank debenture series. The suspension is temporary and procedural in nature to facilitate the redemption process.

Investor Impact: Debenture holders as on the record date will receive redemption proceeds and final interest payment. Trading is suspended only for one day to establish eligibility, which is standard practice for debt securities reaching maturity.

Operational Impact: Trading members need to update their systems to block trading in this specific ISIN from November 7, 2025 and communicate the suspension to relevant clients holding these debentures.

Impact Justification

Affects specific debenture series holders with trading suspension for record date purposes; standard corporate action with limited broader market impact