Description
Trading suspended in PIDB bonds (INE091D11089) from December 12, 2025 due to record date for bond redemption and interest payment.
Summary
BSE has suspended trading in bonds of Punjab Infrastructure Development Board (PIDB) effective December 12, 2025. The suspension is due to the company setting a record date for bond redemption and interest payment. Trading members are advised not to deal in the specified bonds from the suspension date.
Key Points
- Bond ISIN: INE091D11089 (Scrip Code: 972366)
- Series: PIDB-STRPPH-27-12-2025-PVT
- Record Date: December 12, 2025
- Purpose: Redemption of Bonds and Payment of Interest
- No dealings permitted from: December 12, 2025
- Notice Reference: DR-776/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action requiring temporary trading suspension per established procedures.
Compliance Requirements
- Trading members must cease all dealings in the specified PIDB bonds from December 12, 2025
- Members must ensure no trades are executed in bond INE091D11089 on or after the suspension date
- Existing positions should be reconciled before the suspension date
Important Dates
- Notice Date: December 10, 2025
- Record Date: December 12, 2025
- Trading Suspension Effective: December 12, 2025
Impact Assessment
Market Impact: High - Complete trading halt affects liquidity and price discovery for these bonds. Investors holding these securities will be unable to trade them from December 12, 2025.
Operational Impact: Trading members need to update their systems immediately to block trades in these bonds and inform clients holding positions about the suspension and upcoming redemption/interest payment.
Impact Justification
Complete trading suspension in bonds affects all market participants holding or trading these securities; immediate action required before December 12, 2025