Description

Trading suspended in NHAI 7.14% bonds from December 26, 2025 due to record date for bond 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 bond redemption and interest payment. Trading members are instructed not to deal in the specified bonds from the suspension date.

Key Points

  • Trading suspended for NHAI 7.14% bonds (ISIN: INE906B07EG4, Code: 935578)
  • Record date set for December 26, 2025
  • Purpose: Redemption of bonds and payment of interest
  • No dealings permitted from December 26, 2025
  • Notice reference: DR-785/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard corporate action procedure for bond redemption and interest payment.

Compliance Requirements

  • Trading members must not execute any trades in the specified NHAI bonds from December 26, 2025
  • Members are required to take note of the suspension and ensure compliance
  • All dealings in the bonds with code 935578 (INE906B07EG4) must cease from the specified date

Important Dates

  • Notice Date: December 23, 2025
  • Record Date: December 26, 2025
  • Trading Suspension Date: December 26, 2025

Impact Assessment

Market Impact: Medium - The suspension affects only specific NHAI tax-free bonds maturing in January 2026. Bondholders eligible as per the record date will receive their interest payment and redemption proceeds. Trading members holding positions in these bonds need to be aware they cannot trade from December 26, 2025.

Operational Impact: Trading members must update their systems and inform clients holding these specific bonds about the trading suspension. The suspension is temporary and related to the redemption process, which is a normal end-of-lifecycle event for bonds.

Impact Justification

High severity due to immediate trading suspension, but medium impact as it affects only specific NHAI bonds and is a standard corporate action procedure for redemption