Description
Trading suspended for PFC bonds (INE134E08DI3) from November 14, 2025 due to redemption with record date set for November 14, 2025.
Summary
BSE has announced the suspension of trading in bonds of Power Finance Corporation Ltd (PFC) effective November 14, 2025. The suspension is due to the company fixing a record date for bond redemption. Trading members are advised not to deal in the specific bond series (INE134E08DI3, Code 950464) with 9.05% coupon maturing December 15, 2025.
Key Points
- Bond ISIN: INE134E08DI3 (BSE Code: 950464)
- Bond Description: PFC-9.05%-15-12-25-PVT
- Record Date: November 14, 2025
- No Dealings From: November 14, 2025
- Purpose: Redemption of Bonds
- Circular Reference: DR-756/2025-2026
Regulatory Changes
No regulatory changes announced. This is a standard corporate action notification for bond redemption.
Compliance Requirements
- Trading members must immediately cease all dealings in the specified PFC bonds from November 14, 2025
- Trading members are required to take note of the suspension and inform their clients accordingly
- No new trades should be executed in these bonds from the specified date
Important Dates
- November 7, 2025: Notice date and circular issuance
- November 14, 2025: Record date for redemption and commencement of trading suspension
- December 15, 2025: Bond maturity date (as per bond description)
Impact Assessment
The trading suspension affects holders of this specific PFC bond series. Bondholders as of the record date (November 14, 2025) will be eligible for redemption. The impact is limited to debt market participants and does not affect PFC’s equity shares. This is a routine corporate action related to scheduled bond maturity and redemption. Trading members need to ensure compliance to avoid dealing in suspended securities.
Impact Justification
High importance due to immediate trading suspension affecting bond holders; medium impact as it affects specific bond series holders only, not equity investors