Description
Trading in REC LIMITED bonds (ISIN: INE020B08DF6) suspended from December 5, 2025 due to redemption with record date set for the same day.
Summary
BSE has announced the suspension of trading in bonds issued by REC LIMITED effective December 5, 2025. The suspension is due to the company fixing a record date for redemption of its 5.85% bonds maturing on December 20, 2025. Trading members are advised not to deal in the specified bonds from the suspension date.
Key Points
- Company: REC LIMITED
- Bond Details: REC-5.85%-20-12-25-PVT
- ISIN: INE020B08DF6
- BSE Code: 960160
- Record Date: December 5, 2025
- Purpose: Redemption of Bonds
- No Dealings From: December 5, 2025
- Notice Number: DR-771/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action related to bond redemption procedures.
Compliance Requirements
- Trading members must cease all dealings in the specified REC LIMITED bonds from December 5, 2025
- Trading members are required to take note of the suspension and ensure compliance
- No buy or sell transactions should be executed for ISIN INE020B08DF6 from the specified date
Important Dates
- November 25, 2025: Circular issued by BSE
- December 5, 2025: Record date for bond redemption and trading suspension begins
- December 20, 2025: Bond maturity date (as per bond nomenclature)
Impact Assessment
The impact is limited to holders of REC LIMITED’s 5.85% bonds (ISIN: INE020B08DF6). This is a scheduled redemption event and represents normal corporate action. Bondholders on record as of December 5, 2025 will be eligible for redemption proceeds. The suspension prevents any further trading activity in these bonds, protecting investors from purchasing securities that are being redeemed. No broader market impact is anticipated as this affects only a single debt instrument.
Impact Justification
Bond redemption affecting specific debt security holders; routine corporate action with limited broader market impact