Description
Trading suspended in debentures of HIREN WAHEN BUILDTECH PRIVATE LIMITED from November 28, 2025 due to redemption scheduled for November 30, 2025.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of HIREN WAHEN BUILDTECH PRIVATE LIMITED effective November 28, 2025. The suspension is due to the company fixing a record date of November 30, 2025 for the purpose of interest payment and redemption of debentures. Trading members are advised not to deal in the specified debentures.
Key Points
- Trading suspension applies to debentures with ISIN: INE0S1Q07019 (Code: 975302)
- Debenture series: HWBPL-19%-30-11-25-PVT
- No dealings permitted from November 28, 2025
- Record date set for November 30, 2025
- Purpose: Redemption of Debentures and Interest Payment
- Circular reference: DR-766/2025-2026
Regulatory Changes
No regulatory changes. This is a standard operational notice for debenture redemption.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from November 28, 2025
- Trading members are required to take note of the suspension and communicate to clients holding these debentures
- All dealing activities in HWBPL debentures (ISIN: INE0S1Q07019) must cease from the specified date
Important Dates
- November 21, 2025: Notice issued
- November 28, 2025: Trading suspension begins (no dealings from this date)
- November 30, 2025: Record date for interest payment and redemption
Impact Assessment
Market Impact: Limited. This affects a single series of debentures from a private limited company, suggesting minimal market-wide impact. The suspension is procedural and related to the natural maturity/redemption of the debt instrument.
Investor Impact: Moderate for holders of these specific debentures. Investors holding these NCDs should be aware that they cannot trade these securities from November 28, 2025. Those on record as of November 30, 2025 will receive interest payment and redemption proceeds.
Operational Impact: Standard procedure for trading members who must update their systems to block trading in the specified ISIN code from the effective date.
Impact Justification
High severity due to complete trading suspension, but low overall impact as it affects a single private company's debentures with limited market exposure. Standard procedure for redemption events.