Description
BSE announces delisting of 60 debt scrip codes from various companies that were previously suspended due to maturity, redemption, or record date. Delisting effective December 17, 2025.
Summary
BSE has announced the delisting of 60 debt scrip codes from various companies effective December 17, 2025. These securities were previously suspended from trading due to maturity and/or record dates fixed for redemption/delisting. The delisting covers debt instruments from major corporate issuers including infrastructure companies, financial institutions, NBFCs, and industrial corporations.
Key Points
- 60 debt scrip codes across multiple companies to be delisted from BSE
- Effective date: December 17, 2025
- All affected securities were already under suspension due to maturity or redemption
- Notice applies to Debt segment only
- Covers diverse sectors: financial services, infrastructure, manufacturing, and real estate
- Major issuers include JSW Steel, Indian Oil Corporation, ICICI Securities, Mahindra Lifespace, Shree Cement, and others
- Includes both corporate bonds and structured debt instruments (trusts and securitization vehicles)
Regulatory Changes
No new regulatory changes introduced. This is a standard administrative action following the maturity or redemption of debt securities.
Compliance Requirements
- Trading members must take note of the delisting
- No trading will be permitted in these scrip codes from December 17, 2025
- Members should update their systems to reflect the delisting status
- Investors holding these securities should have already received redemption proceeds as per the original terms
Important Dates
- Notice Date: December 16, 2025
- Delisting Effective Date: December 17, 2025
Impact Assessment
Market Impact: Low to medium. The delisting is a routine administrative action for securities that have already completed their lifecycle. Since all securities were already suspended from trading, there is no impact on active trading activity.
Investor Impact: Affected investors should have already received their principal and interest payments as per the redemption/maturity terms. No action required from investors as these are post-maturity delistings.
Operational Impact: Trading members need to update their systems and records to reflect the delisted status. Back-office systems should be adjusted to prevent any inadvertent trading attempts in these scrip codes.
Sectors Affected: Financial services (NBFCs, housing finance), infrastructure (airports, expressways, metro rail), manufacturing (steel, cement), real estate developers, and structured finance vehicles (trusts and securitization entities).
Impact Justification
Routine administrative action affecting 60 debt securities across multiple companies. Medium impact as it affects debt market participants and investors holding these securities, but represents completion of normal lifecycle events (maturity/redemption).