Description

Trading suspended in YES BANK LTD. bonds (ISIN: INE528G08329) from January 5, 2026 due to record date for redemption and interest payment.

Summary

BSE has announced the suspension of trading in bonds of YES BANK LTD. (ISIN: INE528G08329, Code: 953235) effective January 5, 2026. The suspension is due to the bank fixing a record date for the purpose of bond redemption and interest payment on the 9.05% bonds issued on January 20, 2026. Trading members are advised not to deal in these bonds from the effective date.

Key Points

  • Bond affected: YES BANK LTD. 9.05% bonds (ISIN: INE528G08329, Code: 953235)
  • Record date: January 5, 2026
  • Purpose: Redemption of bonds and payment of interest
  • Trading suspension starts: January 5, 2026
  • Reference number: DR-791/2025-2026
  • Notice number: 20251231-53

Regulatory Changes

No regulatory framework changes. This is a standard trading suspension procedure implemented for corporate actions related to bond redemption and interest payment.

Compliance Requirements

  • Trading members must not deal in the specified YES BANK bonds (ISIN: INE528G08329) from January 5, 2026
  • Trading members are required to take note of this suspension and communicate to relevant clients
  • No transactions should be executed in these bonds on or after the no-dealings date

Important Dates

  • December 31, 2025: Circular issued
  • January 5, 2026: Record date for bond redemption and interest payment
  • January 5, 2026: Trading suspension effective date (no dealings from this date)

Impact Assessment

Market Impact: Limited to holders of the specific YES BANK bond series (9.05% bonds, ISIN: INE528G08329). The suspension affects only this particular debt instrument and does not impact YES BANK’s equity shares or other debt securities.

Investor Impact: Bondholders eligible as per the record date will receive redemption proceeds and interest payment. Secondary market liquidity for this bond ceases from January 5, 2026. Investors wishing to trade these bonds must complete transactions before the suspension date.

Operational Impact: Trading members need to update their systems to block trading in this specific ISIN and inform clients holding or interested in these bonds about the impending suspension and redemption.

Impact Justification

Trading suspension affects specific bond holders and investors in YES BANK debt securities. Limited to single ISIN with upcoming redemption, not affecting equity or broader market operations.