Description

Trading suspended in SBI bonds (INE649A08037) from January 23, 2026 due to record date for redemption and interest payment.

Summary

BSE has announced the suspension of trading in specific bonds of State Bank of India (SBI-8.45%-8-2-26-PVT, ISIN: INE649A08037, Code: 953449) effective January 23, 2026. The suspension is due to the company fixing the record date for redemption of bonds and payment of interest. Trading members are advised not to deal in these bonds from the specified date.

Key Points

  • Bond affected: SBI-8.45%-8-2-26-PVT (ISIN: INE649A08037, Code: 953449)
  • Record date: January 23, 2026
  • Purpose: Redemption of bonds and payment of interest
  • No dealings permitted from: January 23, 2026
  • Circular reference: DR-805/2025-2026
  • Issuer: State Bank of India

Regulatory Changes

No regulatory changes. This is a standard procedural suspension related to corporate action processing.

Compliance Requirements

  • Trading members must not execute any trades in the specified SBI bonds from January 23, 2026
  • Trading members must ensure compliance with the no-dealings restriction
  • All market participants must take note of the suspension

Important Dates

  • January 20, 2026: Circular issued
  • January 23, 2026: Record date for redemption and interest payment; trading suspension begins
  • February 8, 2026: Bond maturity date (inferred from bond name)

Impact Assessment

Market Impact: Limited to holders of this specific SBI bond series. The suspension is temporary and procedural, affecting only the debt segment. Bondholders on record as of January 23, 2026 will be eligible for interest payment and redemption proceeds.

Operational Impact: Trading members must update their systems to block trades in this security. The suspension ensures proper settlement and payment processing for the corporate action.

Investor Impact: Investors cannot trade these bonds from the record date onwards. Existing holders will receive their redemption amount and final interest payment as per the bond terms.

Impact Justification

Trading suspension affects specific bond series but limited to holders of SBI 8.45% bonds maturing February 8, 2026. Impact confined to debt segment.