Description
Trading suspended in BHFL 7.83% debentures from November 27, 2025 due to upcoming redemption and interest payment with record date set for the same day.
Summary
BSE has announced the suspension of trading in a specific series of non-convertible debentures issued by Bajaj Housing Finance Limited (ISIN: INE377Y07391, Code: 974422). The suspension is effective from November 27, 2025, coinciding with the record date set by the company for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.
Key Points
- Debenture series affected: BHFL-7.83%-12-12-25-PVT (ISIN: INE377Y07391)
- BSE security code: 974422
- Record date: November 27, 2025
- No dealings from: November 27, 2025
- Purpose: Redemption of debentures and payment of interest
- Notice reference: DR-765/2025-2026
- Issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes introduced. This is a standard administrative action following established procedures for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from November 27, 2025
- Trading members are required to take note of the suspension and ensure compliance
- All dealings in the affected debenture series must cease 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 becomes effective (no dealings from this date)
Impact Assessment
The impact is limited to holders of this specific debenture series (BHFL-7.83%-12-12-25-PVT). This is a routine corporate action for debt securities approaching maturity. The suspension ensures orderly settlement of redemption and interest payments to eligible holders as of the record date. There is no impact on equity trading or other debt securities of Bajaj Housing Finance Limited. The action is procedural and protects investor rights during the redemption process.
Impact Justification
Routine suspension for single debenture series redemption affecting only specific debt security holders, not equity markets