Description
Trading suspended for two IREDA bonds from 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 tax-free bonds issued by Indian Renewable Energy Development Agency Limited (IREDA) effective January 6, 2026. The suspension is due to the company fixing the record date for bond redemption and interest payment. No dealings will be permitted in these bonds from the record date.
Key Points
- Two IREDA tax-free bonds affected by trading suspension
- IREDA 7.28% bonds (ISIN: INE202E07187, Code: 935610) suspended from January 6, 2026
- IREDA 7.53% bonds (ISIN: INE202E07211, Code: 935616) suspended from January 6, 2026
- Suspension applies to both redemption of bonds and payment of interest
- Trading members advised not to deal in these bonds from the specified date
- Notice reference: DR-792/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action notification for bond redemption and interest payment procedures.
Compliance Requirements
- Trading members must cease all dealings in the specified IREDA bonds from January 6, 2026
- Members required to take note of the suspension and communicate to relevant stakeholders
- No transactions permitted in bonds with codes 935610 and 935616 from the record date
Important Dates
- Notice Date: December 31, 2025
- Record Date: January 6, 2026
- Trading Suspension Date: January 6, 2026
- Purpose Date: January 6, 2026 (for redemption and interest payment)
Impact Assessment
Market Impact: Medium - affects holders of two specific IREDA tax-free bond series. Bondholders will receive redemption proceeds and final interest payment. Trading suspension is standard procedure for maturing bonds.
Investor Impact: Bondholders on record as of January 6, 2026 will be eligible for redemption proceeds and interest payment. No trading opportunity available from record date forward.
Operational Impact: Trading members must update systems to block transactions in these specific bond codes from January 6, 2026.
Impact Justification
Affects bondholders of two specific IREDA tax-free bonds with redemption and interest payment scheduled, requiring trading suspension from record date