Description

Trading suspended in NLC INDIA LIMITED bond (ISIN: INE589A08035) from January 28, 2026 for redemption and interest payment.

Summary

BSE has announced the suspension of trading in a non-convertible bond issued by NLC INDIA LIMITED (ISIN: INE589A08035, Code: 960476) effective January 28, 2026. The suspension is implemented to facilitate the redemption of the bond and payment of interest to bondholders as per the company’s record date.

Key Points

  • Bond: NLC INDIA LIMITED 6.05% bond maturing December 2, 2026
  • ISIN: INE589A08035
  • BSE Code: 960476
  • Record Date: January 28, 2026
  • Purpose: Redemption of Bond and Payment of Interest
  • Trading Suspension Date: January 28, 2026
  • Notice Reference: DR-807/2025-2026
  • Trading members are advised not to deal in this bond from the suspension date

Regulatory Changes

No regulatory changes. This is a standard corporate action notice for bond redemption.

Compliance Requirements

  • Trading members must not execute any trades in the specified NLC INDIA LIMITED bond from January 28, 2026
  • Trading members are required to take note of the suspension and ensure compliance
  • All dealing activities in the bond must cease from the specified date

Important Dates

  • January 20, 2026: Circular issued
  • January 28, 2026: Record date for redemption and interest payment
  • January 28, 2026: Trading suspension becomes effective (no dealings permitted from this date)

Impact Assessment

Market Impact: Limited to holders of this specific NLC INDIA LIMITED bond. The suspension is temporary and procedural in nature to facilitate the redemption process.

Investor Impact: Bondholders as of the record date (January 28, 2026) will receive their interest payment and principal redemption. Trading members holding positions must be aware they cannot trade this security from the suspension date.

Operational Impact: Minimal - this is a routine corporate action for bond maturity. Trading members need to update their systems to block trading in this specific ISIN from January 28, 2026.

Impact Justification

Routine bond redemption with limited market-wide impact, affects only specific bond holders