Description

Trading suspended in VIL-7.71%-22-12-25-PVT debentures from December 5, 2025 due to redemption with record date of December 7, 2025.

Summary

BSE has announced the suspension of trading in non-convertible debentures of VERTIS INFRASTRUCTURE TRUST (Security Code: VIL-7.71%-22-12-25-PVT, ISIN: INE0KXY07018, Code: 974228) effective December 5, 2025. The suspension is due to the scheduled redemption of these debentures with a record date set for December 7, 2025. Trading members are advised not to deal in these securities during the suspension period.

Key Points

  • Trading suspension applies to VIL-7.71%-22-12-25-PVT debentures (ISIN: INE0KXY07018)
  • Security code: 974228
  • Purpose: Redemption of non-convertible debentures
  • Trading members must not deal in these securities from the suspension date
  • Notice reference: DR-771/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from December 5, 2025
  • Trading members are required to take note of the suspension and communicate to relevant stakeholders
  • No transactions should be executed in the suspended security

Important Dates

  • Notice Date: December 3, 2025
  • Trading Suspension Date: December 5, 2025 (no dealings from this date)
  • Record Date: December 7, 2025 (for redemption purpose)

Impact Assessment

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

Investor Impact: Debenture holders as on the record date will receive redemption proceeds. Trading is suspended to ensure proper settlement and to prevent transactions that would not settle before the record date.

Operational Impact: Trading members must update their systems to block trading in this security and ensure compliance teams are aware of the suspension.

Impact Justification

Routine redemption-related trading suspension affecting specific debenture holders of VERTIS INFRASTRUCTURE TRUST with limited broader market impact