Description
Trading suspended in two bond series of Power Finance Corporation Ltd effective January 6, 2026 due to redemption and interest payment with record date set for the same date.
Summary
BSE has announced the suspension of trading in two bond series of Power Finance Corporation Ltd effective January 6, 2026. The suspension is due to the company fixing a record date for redemption of bonds and payment of interest. Trading members are advised not to deal in the specified bonds from the effective date.
Key Points
- Two bond series affected: PFCL-5.65%-22-1-26-NCD (ISIN: INE134E07AI1, Code: 937363) and PFCL-5.8%-22-1-26-NCD (ISIN: INE134E07AJ9, Code: 937365)
- Record date set for January 6, 2026
- Purpose: Redemption of bonds and payment of interest
- Trading suspension begins January 6, 2026
- Reference: DR-792/2025-2026
- Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance And Operations
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 this suspension and adjust their trading activities accordingly
Important Dates
- Notice Date: December 31, 2025
- Record Date: January 6, 2026
- No Dealings From: January 6, 2026
Impact Assessment
Market Impact: Medium - affects holders and traders of two specific bond series of Power Finance Corporation Ltd. The suspension is temporary and related to standard corporate action (redemption and interest payment).
Operational Impact: Bond investors holding these securities should note the record date for receiving redemption proceeds and interest payment. Trading will cease from the record date, preventing any further transactions in these instruments on BSE’s debt segment.
Impact Justification
Routine trading suspension for bond redemption affecting two specific bond series with clear timeline and purpose