Description
Trading suspended in NHAI 7.39% bonds from December 26, 2025 due to record date for redemption and interest payment.
Summary
BSE has announced the suspension of trading in bonds of National Highways Authority of India (NHAI) effective December 26, 2025. The suspension is due to the company fixing a record date for redemption of bonds and payment of interest on its 7.39% tax-free non-convertible debentures maturing January 11, 2026.
Key Points
- Trading Members advised not to deal in specified NHAI bonds from December 26, 2025
- Record date set for December 26, 2025 for bondholders
- Applies to NHAI-7.39%-11-1-26-TAXFREENCD (ISIN: INE906B07EH2, Code: 935580)
- Purpose: Redemption of bonds and payment of interest
- Notice issued under DR-785/2025-2026
Regulatory Changes
No regulatory framework changes. Standard suspension procedure for corporate action related to bond redemption and interest payment.
Compliance Requirements
- Trading Members must cease dealing in the specified NHAI bonds from December 26, 2025
- No new trades should be executed in these securities starting from the suspension date
- Members must inform their clients holding these bonds about the suspension
Important Dates
- Notice Date: December 19, 2025
- Record Date: December 26, 2025
- Trading Suspension Date: December 26, 2025
- Bond Maturity Date: January 11, 2026
Impact Assessment
Market Impact: Limited to holders of this specific NHAI bond series. The suspension is temporary and relates to the final redemption process as the bond approaches its January 2026 maturity date.
Investor Impact: Bondholders as of the record date will receive their final interest payment and principal redemption. No trading opportunity available from suspension date onwards.
Operational Impact: Trading desks need to update their systems to prevent trades in this security from December 26, 2025.
Impact Justification
Bond redemption notice affecting specific debt security holders with defined suspension period