Description
Trading suspended in GERA DEVELOPMENTS PRIVATE LIMITED debentures (INE965R07298) from December 8, 2025 due to redemption and interest payment with record date set for the same day.
Summary
BSE has announced the suspension of trading in non-convertible debentures of GERA DEVELOPMENTS PRIVATE LIMITED effective December 8, 2025. The suspension is due to the company fixing the record date for redemption of debentures and payment of interest on the same date. Trading members are advised not to deal in the specified debentures from December 8, 2025 onwards.
Key Points
- Company: GERA DEVELOPMENTS PRIVATE LIMITED
- ISIN: INE965R07298
- Scrip Code: 974830
- Security Type: 9.60% Non-Convertible Debentures maturing 24-12-25
- Record Date: December 8, 2025
- No Dealings From: December 8, 2025
- Purpose: Redemption of Debentures and Payment of Interest
- Circular Reference: DR-772/2025-2026
- Notice Number: 20251203-11
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for debt securities.
Compliance Requirements
- Trading members must not deal in the specified debentures of GERA DEVELOPMENTS PRIVATE LIMITED from December 8, 2025
- Trading members are required to take note of the suspension and ensure compliance with the no-dealings restriction
- The suspension applies to debentures with ISIN INE965R07298 and scrip code 974830
Important Dates
- December 3, 2025: Circular issued
- December 8, 2025: Record date for redemption and interest payment
- December 8, 2025: Trading suspension effective date (no dealings from this date)
Impact Assessment
Market Impact: Low. This affects privately placed debentures of a private limited company with limited trading activity on the exchange.
Investor Impact: Low. Debenture holders will receive their redemption proceeds and final interest payment as scheduled. The trading suspension is procedural and necessary for completing the redemption process.
Operational Impact: Minimal. This is a routine suspension tied to debt security maturity and redemption. Trading members need to ensure these securities are not traded from the specified date.
Impact Justification
Routine suspension for privately placed debentures redemption affecting limited market participants. No broader market impact as this concerns private placement debt securities.