Description

Trading suspended in ABLBL 7.8% debentures from January 15, 2026 due to record date for redemption and interest payment.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of Aditya Birla Lifestyle Brands Limited effective January 15, 2026. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Trading suspended for ABLBL 7.8% NCDs (ISIN: INE647O08115, Code: 974570)
  • Suspension effective from January 15, 2026
  • Purpose: Redemption of debentures and interest payment
  • Trading members must cease dealing in these debentures from the suspension date
  • Notice reference: DR-799/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard trading suspension procedure in accordance with established corporate action protocols for debt securities.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from January 15, 2026
  • All exchange participants must take note of the suspension and update their trading systems accordingly
  • Members must inform their clients holding or interested in these debentures about the suspension

Important Dates

  • Notice Date: January 9, 2026
  • Record Date: January 15, 2026
  • No Dealings From: January 15, 2026

Impact Assessment

Market Impact: Medium - The suspension affects only holders and potential traders of this specific debenture series. Since it is a scheduled corporate action for redemption and interest payment, it is an expected event.

Investor Impact: Debenture holders will receive their redemption proceeds and interest payment as per the record date. No trading will be possible from January 15, 2026, which may affect liquidity for investors seeking to exit before redemption.

Operational Impact: Trading members need to update their systems to block trades in these securities and communicate the suspension to affected clients.

Impact Justification

High severity due to trading suspension but medium impact as it affects only specific debenture holders and is a scheduled corporate action with advance notice.