Description

Trading suspended in HUDCO 7.54% bonds from January 27, 2026 due to record date for interest payment and redemption.

Summary

BSE has announced the suspension of trading in specific non-convertible bonds issued by Housing & Urban Development Corporation Ltd. (HUDCO). The suspension is effective from January 27, 2026, coinciding with the record date set for redemption and interest payment. Trading members are advised not to deal in the specified bonds from the suspension date.

Key Points

  • Bond Code: HUDCO-7.54%-11-2-26-PVT (ISIN: INE031A08855, Code: 974350)
  • Record Date: January 27, 2026
  • Purpose: Redemption of bonds and payment of interest
  • No dealings allowed from: January 27, 2026
  • Notice Reference: DR-806/2025-2026
  • Category: Corporate Actions - Debt Segment

Regulatory Changes

No regulatory changes introduced. This is a standard procedural suspension for corporate action processing.

Compliance Requirements

  • Trading members must not execute any trades in the specified HUDCO bonds from January 27, 2026
  • Members are required to take note of the suspension and communicate to relevant clients holding or interested in these bonds
  • Ensure settlement systems are updated to reflect the trading suspension

Important Dates

  • January 20, 2026: Circular issued
  • January 27, 2026: Record date for interest payment and redemption; trading suspension effective from this date

Impact Assessment

Market Impact: Limited to holders of this specific bond series. The suspension is procedural and temporary, related to the corporate action of redemption and interest payment.

Investor Impact: Bondholders recorded as of January 27, 2026 will receive the interest payment and redemption proceeds. No trading liquidity available from the suspension date, but this aligns with the bond’s maturity/redemption schedule.

Operational Impact: Trading members must update their systems and inform clients. The impact is confined to the debt segment and does not affect HUDCO’s equity shares or other bond series.

Impact Justification

Suspension affects specific bond series only, not equity. Impact limited to bondholders of this particular instrument due to scheduled redemption and interest payment.