Description
Trading suspended in two debenture series of TATA Housing Development Company Limited from November 27, 2025 for redemption and interest payment purposes.
Summary
BSE has announced the suspension of trading in two non-convertible debenture series issued by TATA HOUSING DEVELOPMENT COMPANY LIMITED effective November 27, 2025. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these specified debentures from the suspension date.
Key Points
- Trading suspended in two debenture series: THDCL-8.27%-RESET RATE-14-8-27 (ISIN: INE582L08045) and THDCL-RESET RATE-28-10-27-PVT (ISIN: INE582L08060)
- Suspension effective from November 27, 2025
- Purpose: Redemption of debentures and payment of interest
- Record date set as November 27, 2025
- Trading members prohibited from dealing in these securities from suspension date
- Notice number: DR-765/2025-2026
Regulatory Changes
No regulatory changes announced. This is a routine corporate action notification.
Compliance Requirements
- Trading members must not deal in the specified debentures from November 27, 2025
- Trading members must take note of the suspension and communicate to clients
- No transactions should be executed in ISIN INE582L08045 (Code: 975909) and ISIN INE582L08060 (Code: 976138) from the specified date
Important Dates
- November 21, 2025: Circular issued
- November 27, 2025: Record date for redemption and interest payment
- November 27, 2025: Trading suspension effective date (no dealings from this date)
Impact Assessment
Market Impact: Medium - Affects holders and potential traders of two specific debenture series of TATA Housing Development Company Limited. The suspension is temporary and related to a scheduled corporate action (redemption and interest payment).
Operational Impact: Trading members must ensure compliance systems prevent trades in these securities from November 27, 2025. Debenture holders will receive redemption proceeds and interest as per the record date. This is a routine corporate action with no broader market implications beyond the specific securities involved.
Impact Justification
Routine suspension for redemption and interest payment affecting two debenture series of TATA Housing Development Company Limited. Impacts debt securities holders but is a scheduled corporate action.