Description

Trading suspended in HDB Financial Services debentures (INE756I07EK0) from December 29, 2025 due to redemption and interest payment with record date set for the same day.

Summary

BSE has announced suspension of trading in specific non-convertible debentures (NCDs) of HDB Financial Services Limited effective December 29, 2025. The suspension is in connection with the company’s scheduled redemption of debentures and payment of interest, with the record date fixed as December 29, 2025. Trading members are instructed not to deal in the specified debentures from the suspension date.

Key Points

  • Debenture ISIN: INE756I07EK0 (Code: 974324)
  • Debenture Series: HDBFSL-ZC-13-01-26-PVT
  • Trading suspension effective from December 29, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Record date: December 29, 2025
  • Circular reference: DR-786/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action procedure for debenture redemption.

Compliance Requirements

  • Trading members must not deal in the specified HDB Financial Services debentures (INE756I07EK0) from December 29, 2025
  • Trading members must take note of the suspension and ensure compliance with no-dealing restriction
  • Suspension applies specifically to debenture series HDBFSL-ZC-13-01-26-PVT only

Important Dates

  • December 24, 2025: Circular issued
  • December 29, 2025: Record date for redemption and interest payment
  • December 29, 2025: No dealings permitted from this date

Impact Assessment

Market Impact: Low - affects only specific debenture holders of HDB Financial Services Limited. This is a routine corporate action with no broader market implications.

Operational Impact: Minimal - standard debenture redemption process. Trading members need to ensure the specific ISIN is blocked from trading in their systems from the specified date.

Investor Impact: Debenture holders with ISIN INE756I07EK0 will receive interest payment and redemption proceeds based on holdings as of the December 29, 2025 record date. Secondary market liquidity for this instrument ceases from the suspension date.

Impact Justification

Routine administrative suspension for specific debenture series redemption affecting only holders of this particular instrument. Limited market-wide impact.