Description
Trading in YES BANK LTD. bonds (YESBANK-8.90%-31-12-25-PVT) suspended from December 16, 2025, due to redemption and interest payment with record date set for the same day.
Summary
BSE has announced the suspension of trading in YES BANK LTD. bonds (ISIN: INE528G08303, Scrip Code: 953144) effective December 16, 2025. The suspension is due to the company fixing a record date for redemption of bonds and payment of interest. Trading members are advised not to deal in these bonds from the specified date.
Key Points
- Bond series affected: YESBANK-8.90%-31-12-25-PVT
- ISIN: INE528G08303
- Scrip Code: 953144
- Record date set for December 16, 2025
- Purpose: Redemption of bonds and payment of interest
- No dealings permitted from December 16, 2025
- Notice reference: DR-778/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard suspension procedure for bonds approaching redemption with a fixed record date.
Compliance Requirements
- Trading members must not execute any trades in the specified YES BANK bonds from December 16, 2025
- Trading members are required to take note of this suspension and ensure compliance
- All dealings in the bonds must cease from the specified date
Important Dates
- Notice Date: December 11, 2025
- Record Date: December 16, 2025
- No Dealings From: December 16, 2025
- Bond Maturity: December 31, 2025 (as indicated by bond nomenclature)
Impact Assessment
Market Impact: Medium - The suspension affects a single bond series of YES BANK that is approaching maturity. Bondholders will not be able to trade these securities from December 16, 2025.
Investor Impact: Bondholders who wish to exit their positions must do so before December 16, 2025. After this date, the bonds cannot be traded until redemption.
Operational Impact: Trading members must update their systems to block trading in this specific bond series (Scrip Code: 953144) from the specified date to ensure compliance with the suspension order.
Impact Justification
Bond trading suspension affects debt market participants holding YES BANK bonds. Impact limited to specific bond series with imminent redemption. High severity for bondholders due to no-dealings restriction but medium overall impact as it affects a single bond series approaching maturity.