Description
BSE suspends trading in nine debt securities effective December 5, 2025 due to redemption or delisting applications by issuers.
Summary
BSE has announced the suspension of trading in nine debt securities effective December 5, 2025. The suspensions are due to redemption or delisting applications made by the issuing companies. Trading members are instructed not to deal in these securities from the effective date.
Key Points
- Nine debt securities from different issuers will be suspended from trading
- Effective date: December 5, 2025
- Reason: Delisting applications or redemptions initiated by companies/suspension in depository
- Reference: DR-771/2025-2026
- Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance And Operations
Affected Securities
| Security | ISIN | Scrip Code | Reason |
|---|---|---|---|
| NAMI 03 2024 (11.35%, 23-6-26) | INE0UM815012 | 975557 | Delisting due to application/suspended in depository |
| PLUM 24-6 (9.20%, 25-5-27) | INE0SNU15013 | 975301 | Delisting due to application/suspended in depository |
| SAGITTARIUS TRUST 08 2022 (9.11%, 25-8-28) | INE0RS015026 | 975178 | Delisting due to application/suspended in depository |
| SAGITTARIUS TRUST 08 2022 (8.8%, 25-8-28) | INE0RS015018 | 975177 | Delisting due to application/suspended in depository |
| GEMINI TRUST APRIL 2024 (11.35%, 16-10-26) | INE0VSK15017 | 975638 | Delisting due to application/suspended in depository |
| SBL DISHA 24 (10.2%, 17-8-26) | INE0UUT15016 | 975582 | Delisting due to application/suspended in depository |
| RUDRA SECURITISATION TRUST II (10.20%, 17-9-27) | INE0UUW15010 | 975581 | Delisting due to application/suspended in depository |
| DELHI INTERNATIONAL AIRPORT LTD (9.52%, 22-6-27) | INE657H08019 | 974004 | Delisting due to application/suspended in depository |
| AYE FINANCE LIMITED (11.20%, 15-11-27) | INE501X07349 | 974367 | Delisting due to application/suspended in depository |
Compliance Requirements
- Trading members must not deal in the specified debt securities from December 5, 2025
- Trading members are required to take note of this circular and implement the restrictions
- No trading activity should be executed in these securities post-suspension date
Important Dates
- Notice Date: December 4, 2025
- Effective Date: December 5, 2025 (trading suspension begins)
Impact Assessment
The suspension affects holders of these specific debt securities and trading members who facilitate transactions in these instruments. Investors holding these securities will not be able to trade them on the exchange from December 5, 2025. The impact is limited to debt market participants and specific security holders rather than the broader equity market. The suspensions are administrative in nature following company-initiated delisting applications or redemptions.
Impact Justification
Affects specific debt securities holders and trading members dealing in these instruments. Limited broader market impact as suspensions are company-specific delisting applications.