Description

Trading suspended in IDBI Bank Ltd 8.62% bonds from December 17, 2025 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in bonds of IDBI Bank Ltd (ISIN: INE008A08V18, Code: 953180) effective December 17, 2025. The suspension is due to the redemption of the 8.62% bonds with the record date fixed for December 17, 2025. Trading members are advised not to deal in these bonds from the suspension date.

Key Points

  • Bond affected: IDBI Bank Ltd 8.62% bonds (ISIN: INE008A08V18)
  • BSE scrip code: 953180
  • Record date for redemption: December 17, 2025
  • Trading suspension effective: December 17, 2025
  • Circular reference: DR-779/2025-2026
  • Notice number: 20251212-77

Regulatory Changes

No regulatory changes. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must cease all trading activities in the specified IDBI Bank bonds from December 17, 2025
  • Trading members must not execute any buy or sell orders for these bonds on or after the suspension date
  • Members should update their systems to reflect the trading suspension

Important Dates

  • December 12, 2025: Circular issued
  • December 17, 2025: Record date for bond redemption
  • December 17, 2025: Trading suspension becomes effective (no dealings from this date)

Impact Assessment

Market Impact: Limited to holders and traders of this specific IDBI Bank bond series. The suspension is a routine corporate action related to scheduled bond redemption.

Operational Impact: Trading members need to ensure their systems reflect the suspension and prevent inadvertent trading in these securities. Bondholders with positions as of the record date will be entitled to redemption proceeds.

Investor Impact: Bondholders registered as of December 17, 2025 will receive redemption payments. Secondary market liquidity for these bonds ceases from the suspension date, which aligns with standard market practice for maturing debt securities.

Impact Justification

Routine bond redemption affecting specific debt securities of IDBI Bank; impacts bondholders and traders in this instrument but is a scheduled corporate action