Description

Trading suspended from January 16, 2026 for two tax-free non-convertible bonds of HUDCO due to record date for redemption and interest payment.

Summary

BSE has announced the suspension of trading in two non-convertible bonds (NCDs) of Housing & Urban Development Corporation Ltd. (HUDCO) effective January 16, 2026. The suspension is due to the company fixing a record date for redemption of bonds and payment of interest on the same date.

Key Points

  • Two tax-free non-convertible bonds of HUDCO will be suspended from trading
  • HUDCO 7.02% bond (ISIN: INE031A07AL1, Code: 935636) - suspended from January 16, 2026
  • HUDCO 7.27% bond (ISIN: INE031A07AN7, Code: 935640) - suspended from January 16, 2026
  • Record date set as January 16, 2026 for both bonds
  • Purpose: Redemption of bonds and payment of interest
  • Reference: DR-800/2025-2026
  • Trading members advised not to deal in these bonds from the suspension date

Regulatory Changes

No regulatory changes. This is a routine corporate action notice.

Compliance Requirements

  • Trading members must not deal in the specified HUDCO bonds from January 16, 2026
  • Trading members are required to take note of the suspension and record date
  • No dealings permitted in ISIN INE031A07AL1 (935636) and INE031A07AN7 (935640) from the specified date

Important Dates

  • Notice Date: January 9, 2026
  • Record Date: January 16, 2026
  • No Dealings From: January 16, 2026
  • Purpose Date: January 16, 2026 (redemption and interest payment)

Impact Assessment

Market Impact: Low - affects only bondholders of two specific tax-free NCD series of HUDCO

Operational Impact: Minimal - routine suspension for corporate action purposes. Trading members need to ensure compliance with the no-dealing restriction from January 16, 2026.

Investor Impact: Bondholders will receive their redemption proceeds and final interest payment on the record date. No action required from investors who hold these bonds as they will automatically receive their dues.

Impact Justification

Routine suspension for bond redemption and interest payment affecting only two specific bond series with limited market impact