Description
Trading suspended for Sovereign Gold Bond 2017 Series VII (SGBNOV25) effective November 11, 2025 due to maturity on redemption date.
Summary
BSE has announced the suspension of trading for Sovereign Gold Bond 2017 Series VII (ISIN: IN0020170091, Scrip Code: 800275) effective November 11, 2025, as the bond is scheduled to mature on its redemption date. Trading Members are advised not to deal in this Government Bond from the effective date.
Key Points
- Sovereign Gold Bond 2017 Series VII (SGBNOV25) to be suspended from trading
- ISIN: IN0020170091
- Scrip Code: 800275
- Effective Date: November 11, 2025
- Reason: Bond maturity on redemption date
- Notice Reference: DR-753/2025-2026
Regulatory Changes
No regulatory changes. This is a standard operational notice for bond maturity.
Compliance Requirements
- Trading Members must not execute any trades in the specified Government Bond from November 11, 2025
- Members should ensure their systems and processes reflect the trading suspension
- All stakeholders must take note of the suspension to avoid any inadvertent trading activity
Important Dates
- Notice Date: November 10, 2025
- Trading Suspension Effective Date: November 11, 2025
- Bond Redemption Date: November 2025 (specific date as per bond terms)
Impact Assessment
Market Impact: Low to medium. This affects only holders and traders of this specific Sovereign Gold Bond series issued in November 2017.
Operational Impact: Trading Members need to update their systems to prevent trading in this security. Bondholders will receive redemption proceeds as per the bond’s terms and conditions.
Investor Impact: Investors holding this bond will receive their principal amount along with applicable interest upon maturity. No further trading opportunity will be available after November 10, 2025.
Impact Justification
Routine suspension notice for maturing government bond. Affects only holders and traders of this specific Sovereign Gold Bond series. Limited broader market impact.