Description

Trading suspension in NABARD bonds (INE261F08DT8) effective December 2, 2025 due to redemption and interest payment with record date set.

Summary

BSE has announced the suspension of trading in specific bonds of National Bank for Agriculture and Rural Development (NABARD) effective December 2, 2025. The suspension is due to the issuer fixing a record date for redemption of bonds and payment of interest. Trading members are advised not to deal in the specified bonds from the effective date.

Key Points

  • Bond Series: NABARD-7.50%-17-12-25-PVT
  • ISIN: INE261F08DT8
  • Scrip Code: 974415
  • Record Date: December 2, 2025
  • Purpose: Redemption of Bonds and Payment of Interest
  • No Dealings From: December 2, 2025
  • Notice Reference: DR-768/2025-2026
  • Notice Date: November 24, 2025
  • Circular Issued By: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes. This is a standard operational notice for bond redemption and interest payment procedures.

Compliance Requirements

  • Trading members must cease all trading activities in the specified NABARD bonds from December 2, 2025
  • Trading members are required to take note of the suspension and inform their clients accordingly
  • No new transactions should be executed in the specified bond series after the effective date

Important Dates

  • November 20, 2025: Circular issued date
  • November 24, 2025: Notice date
  • December 2, 2025: Record date for interest payment and redemption
  • December 2, 2025: Trading suspension effective date
  • December 17, 2025: Expected redemption date (based on bond series name)

Impact Assessment

Market Impact: Limited to holders and traders of the specific NABARD bond series. This is a routine corporate action with no broader market implications.

Investor Impact: Bondholders with the record date of December 2, 2025 will be eligible for interest payment and redemption proceeds. Investors looking to trade this bond must complete transactions before the suspension date.

Operational Impact: Trading members need to update their systems to block trading in the specified ISIN from December 2, 2025. Standard operational procedure for bond redemption events.

Impact Justification

Routine trading suspension for bond redemption and interest payment affecting specific NABARD bond series with limited market-wide impact