Description
Trading suspended in NHPC LIMITED bonds (NHPC-7.38%-03-01-26-PVT) from December 18, 2025 due to bond redemption and interest payment.
Summary
BSE has suspended trading in bonds of NHPC LIMITED effective December 18, 2025. The suspension is due to the company fixing a record date for bond redemption and interest payment. The affected bond is NHPC-7.38%-03-01-26-PVT (ISIN: INE848E07AT3, Code: 959190). Trading members are advised not to deal in these bonds from the specified date.
Key Points
- Trading suspension applies to NHPC LIMITED bonds with ISIN INE848E07AT3
- Bond designation: NHPC-7.38%-03-01-26-PVT (Code: 959190)
- Purpose: Redemption of bonds and payment of interest
- No dealings permitted from December 18, 2025
- Circular reference: DR-780/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notice for bond redemption.
Compliance Requirements
- Trading members must cease all dealings in the specified NHPC bonds from December 18, 2025
- Members must ensure compliance with the no-dealings restriction
- Circular issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Important Dates
- Notice Date: December 12, 2025
- Record Date: December 18, 2025
- No Dealings From: December 18, 2025
Impact Assessment
Market Impact: Medium - The suspension affects holders and potential traders of NHPC bonds. Bondholders on record date will receive interest payment and redemption proceeds.
Operational Impact: Trading members must update their systems to prevent trading in these bonds from December 18, 2025. Investors holding these bonds should note that redemption and interest payment will be processed based on holdings as of the record date.
Impact Justification
Bond trading suspension affects debt market participants holding NHPC bonds, limited to specific security with upcoming redemption