Description

Trading suspended in IDBI Bank debentures (INE008A08V00) from December 15, 2025 due to early redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in specific non-convertible debentures of IDBI BANK LTD (IDBI-8.62%-31-12-30-PVT, ISIN: INE008A08V00, Scrip Code: 953179) effective December 15, 2025. The suspension is due to the company fixing a record date for early redemption of these debentures. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • Trading suspended for IDBI Bank debentures with ISIN INE008A08V00 (Scrip Code: 953179)
  • Debenture series: IDBI-8.62%-31-12-30-PVT (8.62% coupon rate, maturity December 31, 2030)
  • Record date for early redemption: December 15, 2025
  • No dealings permitted from: December 15, 2025
  • Notice reference: DR-777/2025-2026
  • Notice issued by: Marian Dsouza, Assistant Vice President – Listing Compliance And Operations

Regulatory Changes

No regulatory framework changes. This is a routine corporate action notice for early redemption of debt securities.

Compliance Requirements

  • Trading members must not execute any trades in the specified IDBI Bank debentures from December 15, 2025
  • Trading members are required to take note of this suspension and inform their clients accordingly
  • All dealings in these debentures must cease from the specified date to facilitate the early redemption process

Important Dates

  • Notice Date: December 11, 2025
  • Record Date: December 15, 2025
  • Trading Suspension Effective Date: December 15, 2025

Impact Assessment

Market Impact: Medium - affects holders of specific IDBI Bank debentures only. The early redemption will provide liquidity to debenture holders but removes a debt instrument from the market.

Operational Impact: Trading members must update their systems and inform clients holding these debentures about the suspension and upcoming early redemption. Debenture holders on record date will receive early redemption proceeds.

Investor Impact: Positive for debenture holders as they will receive their principal back through early redemption, though they will lose future interest income from these 8.62% coupon debentures that were originally scheduled to mature on December 31, 2030.

Impact Justification

High severity due to immediate trading suspension but medium impact as it affects only specific debenture holders of IDBI Bank. Important for debt market participants holding these securities.