Description

Trading suspended for NHAI 7.39% bonds from December 26, 2025 due to redemption and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in bonds issued by National Highways Authority of India (NHAI) with ISIN INE906B07EH2 (Code: 935580) effective December 26, 2025. The suspension is due to the company fixing a record date for redemption of bonds and payment of interest. Trading members are advised not to deal in these bonds from the specified date.

Key Points

  • Bond affected: NHAI 7.39% Tax Free NCD (INE906B07EH2)
  • Scrip code: 935580
  • Record date: December 26, 2025
  • No dealings permitted from: December 26, 2025
  • Purpose: Redemption of bonds and payment of interest
  • Notice reference: DR-785/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard operational measure for bond redemption and interest payment processes.

Compliance Requirements

  • Trading members must not execute any trades in the specified NHAI bonds from December 26, 2025
  • All trading members are required to take note of this suspension
  • Members must ensure compliance with the no-dealings restriction

Important Dates

  • Notice Date: December 19, 2025
  • Record Date: December 26, 2025
  • Trading Suspension Date: December 26, 2025

Impact Assessment

Market Impact: High - Complete trading halt affects liquidity and market access for these specific tax-free bonds. Bondholders will receive their final interest payment and principal redemption.

Investor Impact: High - Investors holding these bonds will have their positions redeemed. No trading opportunity available from the suspension date.

Operational Impact: Trading members must update their systems to block transactions in this security and inform clients holding these bonds about the redemption process.

Impact Justification

Complete trading suspension for specific NHAI bonds affecting bondholders and market participants with immediate effect from record date