Description

Trading suspended in Power Finance Corporation Ltd bonds (INE134E08LZ0) from December 30, 2025 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in bonds of Power Finance Corporation Ltd with ISIN INE134E08LZ0 (Code: 974471) effective December 30, 2025. The suspension is due to the company fixing the record date for redemption of the 7.58% bonds maturing on January 15, 2026. Trading members are advised not to deal in these bonds from the no-dealings date.

Key Points

  • Bond series affected: PC-7.58%-15-1-26-PVT (ISIN: INE134E08LZ0, Code: 974471)
  • Record date for redemption: December 30, 2025
  • No dealings permitted from: December 30, 2025
  • Purpose: Redemption of bonds
  • Notice reference: DR-787/2025-2026
  • Segment: Debt

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for bond redemption.

Compliance Requirements

  • Trading members must cease all dealings in the specified bonds from December 30, 2025
  • Trading members should update their systems to reflect the trading suspension
  • Bondholders on record as of December 30, 2025 will be eligible for redemption

Important Dates

  • Notice Date: December 24, 2025
  • Record Date: December 30, 2025
  • No Dealings From: December 30, 2025
  • Bond Maturity: January 15, 2026

Impact Assessment

Market Impact: Limited to holders of this specific bond series. The suspension affects only the 7.58% bonds of Power Finance Corporation Ltd maturing in January 2026.

Operational Impact: Trading members must ensure their systems are updated to prevent any inadvertent trades in these bonds from December 30, 2025. Bondholders should prepare for redemption proceeds as per the bond terms.

Investor Impact: Bondholders registered on the record date will receive redemption proceeds. Secondary market liquidity for these bonds ceases from the no-dealings date.

Impact Justification

Medium importance as it affects specific bond series holders and trading members dealing in this security; impact is limited to bondholders of this particular series undergoing redemption