Description

Trading suspended from November 13, 2025 for APSBCL bonds due to redemption and interest payment with record date set for November 13, 2025.

Summary

BSE has announced the suspension of trading in bonds issued by Andhra Pradesh State Beverages Corporation Limited (APSBCL) effective November 13, 2025. The suspension is due to the company fixing a record date for redemption of bonds and payment of interest. Trading members are advised not to deal in the specified bonds from the no-dealings date.

Key Points

  • Bond ISIN: INE0M2307131 (Code: 974446)
  • Bond series: APSBCL-9.62%-28-11-25-PVT
  • Record date: November 13, 2025
  • No dealings from: November 13, 2025
  • Purpose: Redemption of bonds and payment of interest
  • Circular reference: DR-755/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notice for bond redemption.

Compliance Requirements

  • Trading members must not execute any deals in the specified APSBCL bonds from November 13, 2025
  • Trading members must inform their clients holding these bonds about the trading suspension
  • All stakeholders must note the record date for determining eligibility for interest payment and redemption

Important Dates

  • November 6, 2025: Circular issued
  • November 13, 2025: Record date for redemption and interest payment
  • November 13, 2025: Trading suspension effective date (no dealings from this date)

Impact Assessment

Market Impact: High impact on bondholders and trading members. The 9.62% coupon bonds issued by APSBCL are reaching maturity/redemption date. Trading suspension prevents any secondary market transactions from the record date onwards.

Investor Impact: Bondholders as of the record date will receive interest payment and bond redemption proceeds. Any investors wishing to exit their position must do so before November 13, 2025.

Operational Impact: Trading members must update their systems to block trading in this specific ISIN and communicate with affected clients regarding the suspension and upcoming redemption.

Impact Justification

Complete trading suspension for bond redemption affects all holders and trading members dealing with these securities.