Description

Daily bulletin listing record dates and book closure dates for various corporate actions including NCD redemptions, interest payments, and bond-related activities for multiple securities.

Summary

BSE Daily Bulletin No. 164/2025-2026 dated November 27, 2025, announces record dates and book closure dates for various corporate actions. The bulletin primarily covers debt securities including Non-Convertible Debentures (NCDs) and bonds issued by ECL Finance Limited, Edel Finance Company Limited, and Housing & Urban Development Corporation Ltd. (HUDCO). Actions include interest payments, redemptions, and combined interest payment with redemption events.

Key Points

  • ECL Finance Limited: Record date December 29, 2025 for redemption of privately placed NCDs
  • Edel Finance Company Limited: Record date December 26, 2025 for interest payment on privately placed NCDs
  • HUDCO has multiple record dates across January, February, and March 2026 for various bonds and NCDs
  • All securities will continue trading (trading flag = 1) during these corporate actions
  • Corporate actions include interest payments, bond redemptions, and combination of both

Regulatory Changes

No regulatory changes announced in this bulletin.

Compliance Requirements

  • Investors must hold the respective securities on the specified record dates to be eligible for the corporate actions
  • Issuers must process payments/redemptions as per the scheduled dates
  • Trading members should note the record dates for client communications

Important Dates

ECL Finance Limited (Code: 953285)

  • Record Date: December 29, 2025 - NCD Redemption

Edel Finance Company Limited (Code: 957385)

  • Record Date: December 26, 2025 - Interest Payment

Housing & Urban Development Corporation Ltd.

  • January 15, 2026: Interest payment (Code: 958569)
  • January 16, 2026: Interest/Redemption (Codes: 935636, 935638, 935640, 935642)
  • January 30, 2026: Interest payment (Code: 958588)
  • February 18, 2026: Interest payment (Code: 961734)
  • February 23, 2026: Interest/Redemption (Codes: 935668, 935672, 961765)
  • March 2, 2026: Interest payment (Code: 958641)
  • March 9, 2026: Interest payment (Code: 961767)
  • March 10, 2026: Interest payment (Code: 958655)
  • December 29, 2025: Interest payment (Codes: 961812, 961813)

Impact Assessment

Market Impact: Minimal - This is a routine operational bulletin that does not affect broader market operations or equity trading.

Investor Impact: Low to Medium - Affects only holders of specific debt instruments. Investors holding the mentioned NCDs and bonds must hold securities on record dates to receive interest payments or redemption proceeds.

Operational Impact: Standard - Exchanges, depositories, and issuer RTAs will process corporate actions as per normal procedures. No special operational changes required.

Impact Justification

Routine daily bulletin with standard record date notifications for debt securities and bonds. Impacts only specific debt instrument holders, not equity markets.