Description

Trading suspended in BOB 8.50% Perpetual Non-Convertible Debentures from November 17, 2025 due to record date for interest payment and call option exercise.

Summary

BSE has announced the suspension of trading in Bank of Baroda’s 8.50% Perpetual Non-Convertible Debentures (ISIN: INE028A08232, Code: 960207) effective November 17, 2025. The suspension is implemented due to the company fixing a record date for interest payment and exercise of call option. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • Debenture affected: BOB-8.50%-PERP-PVT (ISIN: INE028A08232, BSE Code: 960207)
  • Issuer: Bank of Baroda
  • Record date set for: November 17, 2025
  • Purpose: Payment of Interest and Exercise of Call Option
  • No dealings permitted from: November 17, 2025
  • Circular reference: DR-757/2025-2026
  • Notice number: 20251110-54

Regulatory Changes

No regulatory framework changes. This is a standard procedural suspension implemented for corporate action processing.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from November 17, 2025
  • Trading members must inform their clients holding or interested in these debentures about the trading suspension
  • All pending orders for the affected debentures must be handled in accordance with exchange regulations

Important Dates

  • November 10, 2025: Circular issued
  • November 17, 2025: Record date and commencement of trading suspension

Impact Assessment

Market Impact: Limited to holders and potential traders of this specific debenture series. The suspension prevents secondary market trading during the corporate action processing period.

Operational Impact: Trading members must update their systems to block trading in the affected security. Investors holding these debentures will be eligible for interest payment and call option exercise based on holdings as of the record date.

Duration: Temporary suspension tied to corporate action processing. Trading typically resumes after corporate action completion, though specific resumption date not mentioned in the circular.

Impact Justification

Trading suspension affects specific debt security holders and traders but limited to single debenture series with temporary impact due to corporate action processing