Description

Trading suspension announced for GERA DEVELOPMENTS PRIVATE LIMITED debentures from December 8, 2025 due to scheduled redemption and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of GERA DEVELOPMENTS PRIVATE LIMITED effective December 8, 2025. The suspension is necessitated by the company’s scheduled redemption of debentures and interest payment, with the record date fixed for December 8, 2025. Trading members are advised not to deal in the specified debentures from the no-dealings date.

Key Points

  • Company: GERA DEVELOPMENTS PRIVATE LIMITED
  • Security Code: 974830 (ISIN: INE965R07298)
  • Coupon Rate: 9.60%
  • Maturity Date: December 24, 2025
  • Record Date: December 8, 2025
  • No Dealings From: December 8, 2025
  • Purpose: Redemption of Debentures and Payment of Interest
  • Notice Reference: DR-772/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notice issued in accordance with existing BSE trading suspension protocols for debt securities undergoing redemption.

Compliance Requirements

  • Trading members must cease all dealing in the specified debentures from December 8, 2025
  • Trading members should note the record date for redemption and interest payment purposes
  • No fresh trades should be executed in debenture code 974830 (ISIN: INE965R07298) from the specified date

Important Dates

  • Notice Date: December 3, 2025
  • Record Date: December 8, 2025
  • No Dealings From: December 8, 2025
  • Debenture Maturity: December 24, 2025

Impact Assessment

Market Impact: Low - This affects a single private company’s debt instrument with limited trading activity. The suspension is temporary and routine for redemption purposes.

Investor Impact: Debenture holders will receive their redemption proceeds and final interest payment based on holdings as of the record date. No trading opportunity exists from December 8, 2025 onwards.

Operational Impact: Trading members need to update their systems to block trades in this security code from December 8, 2025. Standard operational procedure for maturing debt securities.

Impact Justification

Routine corporate action affecting a single private company's debentures with limited market impact. Standard suspension for redemption purposes.