Description
Trading suspended in HDFC Bank debentures (8.35% due 15-12-25) from November 28, 2025 for redemption and interest payment with record date of November 29, 2025.
Summary
BSE has announced the suspension of trading in specific non-convertible debentures of HDFC Bank Ltd (ISIN: INE040A08351, Code: 953107) effective November 28, 2025. The suspension is due to the company fixing November 29, 2025 as the 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
- Company: HDFC BANK LTD.
- Security: 8.35% Non-Convertible Debentures due 15-12-25 (Private)
- ISIN: INE040A08351
- BSE Code: 953107
- Record Date: November 29, 2025
- No Dealings From: November 28, 2025
- Purpose: Redemption of Debentures and Payment of Interest
- Notice Number: 20251121-29 (DR-766/2025-2026)
- Category: Corporate Actions - Debt Segment
Regulatory Changes
No regulatory changes. This is a standard corporate action notice for debenture redemption and interest payment.
Compliance Requirements
- Trading members must not deal in the specified debentures (ISIN: INE040A08351) from November 28, 2025
- Trading members are required to take note of this suspension and ensure compliance
- Investors holding these debentures as of the record date (November 29, 2025) will be eligible for redemption proceeds and interest payment
Important Dates
| Date | Event |
|---|---|
| November 21, 2025 | Circular issued |
| November 28, 2025 | Trading suspension begins (no dealings from this date) |
| November 29, 2025 | Record date for redemption and interest payment |
| December 15, 2025 | Debenture maturity date (as per ISIN nomenclature) |
Impact Assessment
Market Impact: Low to Medium. The suspension affects only a specific series of HDFC Bank’s non-convertible debentures. While HDFC Bank is a major financial institution, this is a routine corporate action affecting debt securities rather than equity.
Operational Impact: Trading members must ensure systems are updated to prevent trading in the affected ISIN from November 28, 2025. Debenture holders will receive their final redemption proceeds and interest payment as scheduled.
Investor Impact: Investors holding these debentures will need to have them in demat form by the record date to receive redemption proceeds. No action required for existing holders, but new purchases are not possible from the suspension date.
Impact Justification
Routine debenture redemption and interest payment resulting in temporary trading suspension for specific HDFC Bank debt securities. Limited to single ISIN affecting only debenture holders.