Description

Trading suspended in NHAI 7.02% Bonds from February 3, 2026 due to record date for redemption and interest payment.

Summary

BSE has announced the suspension of trading in bonds of National Highways Authority of India (NHAI) effective February 3, 2026. The suspension is due to the company fixing a record date for redemption of bonds and payment of interest. Trading members are advised not to deal in the specified bonds from the suspension date.

Key Points

  • Trading suspended for NHAI 7.02% Bonds (ISIN: INE906B07EK6, Code: 953489)
  • Suspension effective from February 3, 2026
  • Purpose: Redemption of bonds and payment of interest
  • Record date set for February 3, 2026
  • Circular reference: DR-812/2025-2026

Regulatory Changes

No regulatory changes announced. This is a routine corporate action notification.

Compliance Requirements

  • Trading members must not execute any deals in the specified NHAI bonds from February 3, 2026
  • Members must take note of the suspension and update their trading systems accordingly
  • No dealings permitted in the bonds from the record date

Important Dates

  • January 23, 2026: Circular issued by BSE
  • February 3, 2026: Record date for redemption and interest payment
  • February 3, 2026: Trading suspension begins (no dealings from this date)

Impact Assessment

Market Impact: Medium - affects only holders and traders of the specific NHAI bond series. The suspension is routine for redemption purposes and bondholders will receive their redemption proceeds and interest payment.

Operational Impact: Trading members must ensure compliance with the no-dealing restriction from the specified date. Systems should be updated to prevent inadvertent trades in these securities.

Investor Impact: Bondholders whose names appear on the record date will receive redemption proceeds and interest payment. No trading opportunity available from February 3, 2026 onwards.

Impact Justification

High severity due to complete trading suspension, but medium impact as it affects only specific NHAI bonds and is routine for redemption purposes