Description
Trading suspension in NTPC LIMITED debentures (NTPC-8.19%-15-12-25-PVT) effective December 1, 2025 due to redemption and interest payment record date.
Summary
BSE has announced the suspension of trading in specific non-convertible debentures of NTPC LIMITED (ISIN: INE733E07JX0, Code: 953113) effective December 1, 2025. The suspension is due to the company setting a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.
Key Points
- NTPC LIMITED has fixed December 1, 2025 as the record date for redemption and interest payment
- Debenture affected: NTPC-8.19%-15-12-25-PVT (INE733E07JX0)
- BSE Code: 953113
- No dealings permitted from December 1, 2025
- Circular Reference: DR-767/2025-2026
- Notice Number: 20251121-65
Regulatory Changes
No new regulatory changes. This is a standard operational notice for record date-related trading suspension in debt securities.
Compliance Requirements
- Trading members must cease all dealing in the specified NTPC debentures from December 1, 2025
- Trading members are required to note and implement this suspension immediately
- No buy or sell transactions should be executed in the affected debenture series
Important Dates
- November 21, 2025: Circular issued
- December 1, 2025: Record date for redemption and interest payment
- December 1, 2025: Trading suspension effective date (no dealings from this date)
Impact Assessment
Market Impact: High impact on debt market participants holding or trading NTPC debentures. The suspension affects liquidity for this specific debenture series until redemption is completed.
Operational Impact: Trading members must update their systems to block trading in the affected ISIN. Investors holding these debentures should be aware they cannot exit positions through secondary market trading from December 1, 2025.
Investor Impact: Debenture holders as of the record date will receive interest payment and redemption proceeds. Secondary market exit is not available from the suspension date.
Impact Justification
Complete trading suspension of NTPC debentures affects debt market participants and requires immediate action to cease dealing in specified securities.