Description

Trading suspended in two series of bonds of Power Finance Corporation Ltd from January 6, 2026 due to redemption and interest payment with record date fixed.

Summary

BSE has suspended trading in two bond series of Power Finance Corporation Ltd effective January 6, 2026. The suspension is due to the company fixing the record date for redemption of bonds and payment of interest. Trading members are advised not to deal in these specific bonds from the suspension date.

Key Points

  • Two bond series of Power Finance Corporation Ltd affected by trading suspension
  • PFCL-5.65%-22-1-26-NCD (ISIN: INE134E07AI1, Code: 937363)
  • PFCL-5.8%-22-1-26-NCD (ISIN: INE134E07AJ9, Code: 937365)
  • Record date fixed as January 6, 2026
  • Purpose: Redemption of bonds and payment of interest
  • No dealings permitted from January 6, 2026
  • Notice reference: DR-792/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must not deal in the specified bonds from January 6, 2026 onwards
  • Trading members are required to take note of the suspension and inform their clients accordingly
  • Bondholders whose names appear in the records as of the record date will be eligible for interest payment and redemption proceeds

Important Dates

  • Notice Date: December 31, 2025
  • Record Date: January 6, 2026
  • Trading Suspension Date: January 6, 2026

Impact Assessment

Market Impact: Medium - affects specific bondholders of two bond series but does not impact broader market operations. The suspension is routine and expected for maturing bonds.

Investor Impact: Medium - bondholders need to ensure their holdings are properly recorded by the record date to receive redemption proceeds and final interest payment. No trading opportunity available from suspension date.

Operational Impact: Low - standard suspension procedure for bond redemption requiring trading members to update their systems and notify affected clients.

Impact Justification

Medium importance as it affects bondholders of specific bond series but is a routine redemption-related suspension with clear timelines