Description

Trading suspended in IDBI Bank Ltd bonds (ISIN: INE008A08V18) from December 17, 2025 due to redemption with record date fixed for the same date.

Summary

BSE has announced the suspension of trading in specific bonds of IDBI Bank Ltd effective December 17, 2025. The suspension is due to the redemption of bonds with ISIN INE008A08V18 (Scrip Code: 953180), which carries an 8.62% coupon rate and maturity date of January 2, 2026. The record date for redemption has been fixed as December 17, 2025.

Key Points

  • Bond ISIN: INE008A08V18 (IDBI-8.62%-2-1-26-PVT)
  • Scrip Code: 953180
  • Record Date: December 17, 2025
  • Trading suspension effective from: December 17, 2025
  • Purpose: Redemption of bonds
  • Trading members advised not to deal in these bonds from the suspension date

Regulatory Changes

No regulatory framework changes. This is a standard corporate action procedure for bond redemption.

Compliance Requirements

  • Trading members must not execute any deals in the specified IDBI Bank bonds (ISIN: INE008A08V18) from December 17, 2025
  • Trading members are required to take note of the suspension and inform their clients accordingly
  • No new positions or transactions should be initiated in the affected security

Important Dates

  • December 12, 2025: Circular issued by BSE (Notice No. 20251212-77, Reference: DR-779/2025-2026)
  • December 17, 2025: Record date for bond redemption
  • December 17, 2025: Trading suspension begins (no dealings permitted)
  • January 2, 2026: Original maturity date of the bonds (8.62%-2-1-26)

Impact Assessment

Market Impact: Limited impact confined to holders of this specific IDBI Bank bond series. The suspension affects only one ISIN and represents a normal course corporate action for maturing debt securities.

Investor Impact: Bondholders of record as of December 17, 2025 will receive redemption proceeds. No trading opportunity available from the suspension date, which protects investors from inadvertently purchasing securities about to be redeemed.

Operational Impact: Trading members must update their systems to block trading in this specific ISIN and communicate the suspension to clients holding or interested in these bonds. Standard redemption process with no unusual operational challenges expected.

Impact Justification

Standard bond redemption process affecting specific debt security holders; limited to single ISIN with no broader market implications