Description
BSE has suspended trading in specific debentures of VERTIS INFRASTRUCTURE TRUST from December 5, 2025, due to upcoming redemption with record date set for December 7, 2025.
Summary
BSE has announced the suspension of trading in specific non-convertible debentures (NCDs) of VERTIS INFRASTRUCTURE TRUST. The suspension is effective from December 5, 2025, in preparation for the redemption of debentures with a record date set for December 7, 2025. Trading members are advised not to deal in the specified debentures.
Key Points
- Company: VERTIS INFRASTRUCTURE TRUST
- ISIN: INE0KXY07018
- Security Code: 974228
- Debenture: VIL-7.71%-22-12-25-PVT
- Record Date: December 7, 2025
- No Dealings From: December 5, 2025
- Purpose: Redemption of Debentures
- Notice Reference: DR-771/2025-2026
Regulatory Changes
No regulatory changes. This is a standard procedural suspension for corporate action processing.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from December 5, 2025
- Members should update their systems to reflect the trading suspension
- Debenture holders should note the record date for redemption eligibility
Important Dates
- December 3, 2025: Notice issued by BSE
- December 5, 2025: Trading suspension effective from this date (no dealings permitted)
- December 7, 2025: Record date for debenture redemption
Impact Assessment
The impact is limited to holders and traders of the specific debentures (INE0KXY07018). The suspension is temporary and follows standard practice for corporate actions involving redemption. Debenture holders whose names appear in the records as of December 7, 2025, will be eligible for redemption. There is no broader market impact beyond the specific security mentioned.
Impact Justification
Routine trading suspension for debenture redemption affecting specific debt security holders of VERTIS INFRASTRUCTURE TRUST. Limited market-wide impact but significant for holders of affected debentures.