Description
Trading suspended in BFL 6% debentures (INE296A07RO8) from December 9, 2025 for redemption and interest payment.
Summary
BSE has announced the suspension of trading in specific Non-Convertible Debentures (NCDs) of Bajaj Finance Limited effective December 9, 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 the specified debentures from the suspension date.
Key Points
- Trading suspension applies to BFL 6% debentures maturing on December 24, 2025 (Private Placement)
- ISIN: INE296A07RO8, Code: 960354
- Record date set for December 9, 2025
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from December 9, 2025
- Notice number: DR-773/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notice for debenture redemption.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from December 9, 2025
- Members are required to take note of the suspension and inform their clients accordingly
- Only debenture holders on record as of December 9, 2025 will be eligible for redemption proceeds and interest payment
Important Dates
- Notice Date: November 25, 2025
- Record Date: December 9, 2025
- Trading Suspension Date: December 9, 2025
- Debenture Maturity: December 24, 2025
Impact Assessment
Market Impact: Low to medium. This affects only holders of the specific debenture series (BFL-6%-24-12-25-PVT). The suspension is temporary and related to routine redemption process.
Investor Impact: Debenture holders on record as of December 9, 2025 will receive their principal redemption amount plus final interest payment. No impact on equity shareholders of Bajaj Finance.
Operational Impact: Trading members must update their systems to block trading in this specific ISIN from December 9, 2025. Standard operational procedure for debenture redemptions.
Impact Justification
Affects specific debenture holders of Bajaj Finance; routine corporate action with defined suspension period for redemption and interest payment