Description
Trading suspended in PNB bonds (INE160A08092) from January 21, 2026 due to redemption with record date set for January 21, 2026.
Summary
BSE has announced the suspension of trading in bonds of Punjab National Bank (ISIN: INE160A08092, Code: 953383) effective January 21, 2026. The suspension is due to the bank setting a record date for bond redemption. Trading members are advised not to deal in these bonds from the specified date.
Key Points
- Bond ISIN: INE160A08092 (Code: 953383)
- Bond Details: PNB-8.65%-5-2-26-PVT
- Record Date: January 21, 2026
- Purpose: Redemption of Bonds
- Trading Suspension Date: January 21, 2026
- Notice Number: DR-803/2025-2026
- Circular Date: January 16, 2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for bond redemption.
Compliance Requirements
- Trading members must not deal in the specified PNB bonds from January 21, 2026
- Trading members are required to take note of the suspension
- No dealings permitted in bond code 953383 (ISIN: INE160A08092) from the record date
Important Dates
- January 16, 2026: Circular issued
- January 21, 2026: Record date for bond redemption
- January 21, 2026: No dealings permitted from this date
Impact Assessment
Market Impact: Limited to holders of this specific PNB bond series. The suspension is procedural and relates to the maturity/redemption process of the 8.65% bond series.
Investor Impact: Bondholders with positions as of the record date (January 21, 2026) will be eligible for redemption. No trading will be possible from this date, which is standard practice for maturing debt securities.
Operational Impact: Trading members must update their systems to prevent trades in this specific bond ISIN from January 21, 2026. Minimal operational disruption as this is a routine corporate action.
Impact Justification
Routine bond redemption affecting specific debt security holders; limited market-wide impact but important for bondholders of this specific ISIN