Description

BSE announces suspension of trading in two debt securities (ISINs INE0DWX08023 and INE0DWX08015) of Grand Hills Developments Private Limited effective January 07, 2026 due to restructuring.

Summary

BSE has issued a notice regarding the suspension of trading in debt securities of Grand Hills Developments Private Limited. Two scrip codes (977284 and 977285) with respective ISINs will be suspended from trading effective January 07, 2026 due to ongoing restructuring. This notice is a continuation of earlier communication dated November 11, 2025.

Key Points

  • Trading suspension effective from Wednesday, January 07, 2026
  • Two debt securities affected: Scrip Code 977284 (ISIN: INE0DWX08023) and Scrip Code 977285 (ISIN: INE0DWX08015)
  • Suspension is due to restructuring of Grand Hills Developments Private Limited
  • This is a follow-up to notice number 20251111-41 dated November 11, 2025
  • Trading Members can contact BSE officials for further clarification

Regulatory Changes

No new regulatory framework changes. This is an operational measure implementing trading suspension due to corporate restructuring.

Compliance Requirements

  • Trading Members must note the suspension of the specified scrip codes
  • No trading should be executed in these debt securities from January 07, 2026 onwards
  • For queries, Trading Members should contact Ms. Pooja Trivedi at +91 22 2272 8844 or email debt.listing@bseindia.com

Important Dates

  • Notice Date: January 05, 2026
  • Suspension Effective Date: January 07, 2026 (Wednesday)
  • Previous Related Notice: November 11, 2025 (Notice No. 20251111-41)

Impact Assessment

Market Impact: High - Investors holding these debt securities will face immediate liquidity constraints as trading will be halted. The suspension indicates ongoing corporate restructuring which may affect the valuation and repayment structure of these instruments.

Operational Impact: Trading Members must update their systems to prevent trading in these securities and inform clients holding positions in these ISINs about the suspension and potential implications of the restructuring process.

Impact Justification

Trading suspension of debt securities affects market participants holding or trading these instruments. High severity due to immediate impact on liquidity and restructuring implications.