Description
Trading suspended in debentures of India Infradebt Limited (INE537P07109) from January 13, 2026 due to upcoming redemption and interest payment with record date set for the same day.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of India Infradebt Limited effective January 13, 2026. The suspension is implemented because the company has fixed January 13, 2026 as the record date for redemption of debentures and payment of interest. Trading members are strictly advised not to deal in these debentures from the specified date.
Key Points
- Company: India Infradebt Limited
- ISIN: INE537P07109
- Scrip Code: 953401
- Series: IIL-8.70%-28-1-26-PVT (8.70% coupon rate)
- Record Date: January 13, 2026
- No Dealings From: January 13, 2026
- Purpose: Redemption of Debentures and Payment of Interest
- Notice Reference: DR-797/2025-2026
- Notice Date: January 06, 2026
Regulatory Changes
No new regulatory framework changes. This is a standard operational suspension implemented in accordance with existing BSE debt market regulations for securities approaching redemption with a record date determination.
Compliance Requirements
- Trading members must cease all dealing in the specified debentures (INE537P07109, Code 953401) from January 13, 2026
- No buy or sell orders should be accepted or executed for these debentures on or after the suspension date
- Trading members must inform their clients holding or intending to trade these debentures about the suspension
- Members should update their trading systems to block transactions in these securities from the specified date
Important Dates
- January 06, 2026: Circular issued by BSE
- January 13, 2026: Record date for interest payment and redemption
- January 13, 2026: Trading suspension effective date (no dealings allowed from this date)
Impact Assessment
Market Impact: High - Complete trading suspension affects liquidity for existing debenture holders who cannot exit positions through secondary market from January 13, 2026 onwards.
Investor Impact: High - Debenture holders must note that no trading opportunity will be available from the suspension date. Only option is redemption on maturity or holding until further notice.
Operational Impact: Medium - Trading members need to update systems and communicate with clients holding these debentures. The 8.70% coupon rate debentures are reaching their maturity event, requiring operational preparedness for interest payment and principal redemption processing.
Financial Impact: The redemption event indicates capital will be returned to debenture holders along with final interest payment, requiring liquidity management by the issuer.
Impact Justification
Complete trading suspension for debenture holders due to imminent redemption, directly affecting liquidity and trading activity