Description
BSE suspends trading in debentures of GERA DEVELOPMENTS PRIVATE LIMITED effective December 8, 2025 due to redemption and interest payment.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of GERA DEVELOPMENTS PRIVATE LIMITED with ISIN INE965R07298 (Code: 974830) effective December 8, 2025. The suspension is due to the company setting a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.
Key Points
- Company: GERA DEVELOPMENTS PRIVATE LIMITED
- Security Type: Non-Convertible Debentures (9.60% coupon)
- ISIN: INE965R07298
- BSE Code: 974830
- Record Date: December 8, 2025
- Purpose: Redemption of Debentures and Payment of Interest
- Trading Suspension Date: December 8, 2025
- Notice Reference: DR-772/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard procedural notice for debenture corporate actions.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from December 8, 2025 onwards
- Members should take note of the suspension and inform their clients accordingly
- No dealings permitted in ISIN INE965R07298 effective from the record date
Important Dates
- Notice Date: December 3, 2025
- Record Date: December 8, 2025
- No Dealings From: December 8, 2025
Impact Assessment
This circular has minimal market-wide impact as it pertains to privately placed debentures of a private limited company. The suspension is temporary and procedural, affecting only holders and potential traders of this specific debt instrument. Trading members dealing with this security need to ensure compliance with the no-dealings restriction. The redemption represents normal course maturity of debt securities.
Impact Justification
Routine trading suspension for a private company's debenture redemption with limited market-wide impact