Description

Trading suspended in BHFL 7.83% debentures (INE377Y07391) from November 27, 2025 for redemption and interest payment purposes.

Summary

BSE has announced the suspension of trading in specific non-convertible debentures of Bajaj Housing Finance Limited effective November 27, 2025. The suspension is due to the company fixing the record date for redemption of debentures and payment of interest. Trading members are instructed not to deal in the specified debentures from the suspension date.

Key Points

  • Debenture ISIN: INE377Y07391 (Code: 974422)
  • Debenture Series: BHFL-7.83%-12-12-25-PVT
  • Record Date: November 27, 2025
  • No Dealings From: November 27, 2025
  • Purpose: Redemption of Debentures and Payment of Interest
  • Circular Number: DR-765/2025-2026
  • Notice Number: 20251121-17

Regulatory Changes

No regulatory changes. This is a standard operational suspension for corporate action processing.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures (INE377Y07391) from November 27, 2025
  • Trading members are required to take note of this suspension and ensure compliance
  • The suspension applies to the debt segment of BSE

Important Dates

  • November 21, 2025: Circular issued
  • November 27, 2025: Record date for redemption and interest payment
  • November 27, 2025: Trading suspension becomes effective (no dealings from this date)
  • December 12, 2025: Expected maturity date (based on debenture nomenclature)

Impact Assessment

Market Impact: Low to medium. The suspension affects a single debenture series of Bajaj Housing Finance Limited. Investors holding these debentures will not be able to trade them from November 27, 2025. This is a routine corporate action with no broader market implications.

Operational Impact: Trading members dealing in debt securities need to update their systems to prevent trades in this specific ISIN. The suspension is temporary and relates to the standard process for debenture redemption and interest payment.

Investor Impact: Debenture holders as of the record date will receive their redemption proceeds and final interest payment. Secondary market liquidity for this instrument ceases from the suspension date.

Impact Justification

Routine trading suspension for specific debenture series due to redemption and interest payment. Limited to single instrument with defined maturity date.