Description

Two debt securities of Grand Hills Developments Private Limited will be suspended from trading effective January 7, 2026, due to restructuring.

Summary

BSE has announced the suspension of trading for two debt securities (Scrip Codes 977284 and 977285) of Grand Hills Developments Private Limited, effective January 7, 2026. This action is being taken due to restructuring and follows a previous notice dated November 11, 2025.

Key Points

  • Two debt securities with ISINs INE0DWX08023 and INE0DWX08015 will be suspended
  • Scrip Codes affected: 977284 and 977285
  • Action follows continuation of notice number 20251111-41 dated November 11, 2025
  • Reason for suspension: Restructuring of debt securities
  • Trading Members can contact Ms. Pooja Trivedi or the debt listing team for further details

Regulatory Changes

No new regulatory changes introduced. This is an administrative action for specific debt securities.

Compliance Requirements

Trading Members must:

  • Note the suspension of the specified scrip codes
  • Cease trading in these securities from the effective date
  • Contact BSE officials for any clarifications regarding the restructuring

Important Dates

  • Notice Date: January 5, 2026
  • Effective Date of Suspension: January 7, 2026 (Wednesday)
  • Previous Related Notice: November 11, 2025 (Notice No. 20251111-41)

Impact Assessment

Market Impact: Limited impact on broader market as this affects only two debt securities of a private limited company. Holders and traders of these specific ISINs will be unable to trade until restructuring is completed.

Operational Impact: Trading Members dealing with these securities need to update their systems and inform affected clients. The restructuring process may result in modified terms or new securities being issued.

Contact Information:

Impact Justification

Trading suspension affects specific debt securities holders and traders but limited to two ISINs of a single private company