Description
Trading suspended in REC LIMITED bonds (ISIN: INE020B08DK6) from January 16, 2026 due to redemption with record date set for the same day.
Summary
BSE has issued a notice regarding the suspension of trading in specific bonds of REC LIMITED. The company has fixed January 16, 2026 as the record date for redemption of its 5.94% bonds maturing on January 31, 2026. Trading members are advised not to deal in these bonds effective from the record date.
Key Points
- Company: REC LIMITED
- Bond Code: 960409
- ISIN: INE020B08DK6
- Bond Details: RECL-5.94%-31-1-26-PVT
- Record Date: January 16, 2026
- Purpose: Redemption of Bonds
- No Dealings From: January 16, 2026
- Notice Number: DR-800/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action related to bond redemption.
Compliance Requirements
- Trading members must not deal in the specified bonds from January 16, 2026
- All market participants should take note of the trading suspension
- Members should update their systems to reflect the trading halt
Important Dates
- Notice Date: January 9, 2026
- Record Date: January 16, 2026
- Trading Suspension Date: January 16, 2026
- Bond Maturity Date: January 31, 2026
Impact Assessment
The suspension affects holders and potential traders of REC LIMITED’s 5.94% bonds. This is a routine corporate action with limited market-wide impact, primarily affecting:
- Bond holders who need to be on record as of January 16, 2026 to receive redemption proceeds
- Trading members dealing in this specific bond series
- Debt segment participants with positions in REC LIMITED bonds
The suspension is temporary and related to the upcoming redemption on January 31, 2026. No broader market implications expected.
Impact Justification
Routine bond redemption causing temporary trading suspension. Impact limited to specific bond series holders and debt market participants.