Description

Trading suspended for YES BANK LTD bonds (ISIN: INE528G08311) from December 31, 2025 due to redemption and interest payment with record date set for December 31, 2025.

Summary

BSE has announced the suspension of trading in specific bonds of YES BANK LTD (ISIN: INE528G08311, Code: 953220) effective December 31, 2025. The suspension is due to the company fixing the record date for bond redemption and interest payment purposes. Trading members are advised not to deal in these bonds from the suspension date.

Key Points

  • Bond affected: YES BANK LTD 9% bonds maturing January 15, 2026 (Private Placement)
  • ISIN: INE528G08311
  • Scrip Code: 953220
  • Record date: December 31, 2025
  • Trading suspension effective: December 31, 2025
  • Purpose: Redemption of bonds and payment of interest
  • Notice number: DR-788/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must not deal in the specified YES BANK bonds from December 31, 2025
  • Trading members are required to take note of the suspension and record date
  • No transactions should be executed in these bonds from the specified date

Important Dates

  • December 29, 2025: Circular issued
  • December 31, 2025: Record date for redemption and interest payment
  • December 31, 2025: No dealings permitted from this date
  • January 15, 2026: Bond maturity date (as per bond nomenclature)

Impact Assessment

This suspension has high impact on debt market participants holding or trading YES BANK bonds. Bondholders as of the record date (December 31, 2025) will be eligible for the final interest payment and principal redemption. The trading suspension ensures clean settlement for the corporate action. Market participants must adjust their portfolios and trading strategies accordingly, as liquidity in these bonds will cease from the suspension date. The 9% coupon bonds are reaching their scheduled maturity in January 2026.

Impact Justification

High impact due to immediate trading suspension of YES BANK bonds affecting debt market participants and bondholders with redemption event.