Description

Two debt securities of Grand Hills Developments Private Limited (Scrip Codes 977284 and 977285) will be suspended from trading effective January 07, 2026 due to restructuring.

Summary

BSE has announced the suspension of trading in two debt securities of Grand Hills Developments Private Limited effective January 07, 2026. This action follows an earlier notice dated November 11, 2025 (notice number 20251111-41) and is being implemented due to restructuring of the debt securities. The affected securities are identified by Scrip Codes 977284 (ISIN: INE0DWX08023) and 977285 (ISIN: INE0DWX08015).

Key Points

  • Two debt securities of Grand Hills Developments Private Limited will be suspended from trading
  • Affected Scrip Codes: 977284 (ISIN: INE0DWX08023) and 977285 (ISIN: INE0DWX08015)
  • Suspension is due to restructuring of the debt securities
  • This notice is in continuation of earlier 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 action taken under existing BSE rules for debt securities undergoing restructuring.

Compliance Requirements

  • Trading Members must note the suspension and cease trading in the affected securities from the effective date
  • Trading Members should contact BSE officials Ms. Pooja Trivedi (+91 22 2272 8844, debt.listing@bseindia.com) for any clarifications or further details
  • Market participants holding these securities should be aware of the trading suspension

Important Dates

  • Notice Date: January 05, 2026
  • Trading Suspension Effective Date: Wednesday, January 07, 2026
  • Previous Related Notice: November 11, 2025 (notice number 20251111-41)

Impact Assessment

Market Impact: High - Complete suspension of trading eliminates liquidity for these debt securities, preventing bondholders from exiting their positions through the secondary market until the restructuring is completed.

Investor Impact: High - Bondholders of these two debt instruments will be unable to trade their securities, potentially affecting their portfolio management and liquidity needs. The restructuring suggests potential changes to the terms of the debt securities.

Operational Impact: Medium - Trading Members need to update their systems and inform clients holding these securities about the suspension. The restructuring process may lead to changes in ISIN codes or security terms once completed.

Contact Information for Queries:

Impact Justification

Complete suspension of trading in two debt securities affects bondholders and market liquidity for Grand Hills Developments debentures due to restructuring