Description

Trading suspended in NHAI bonds (INE906B07EK6) from February 3, 2026 due to redemption and interest payment with record date set for the same day.

Summary

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

Key Points

  • NHAI 7.02% bonds (ISIN: INE906B07EK6, Code: 953489) will have trading suspended
  • Record date for redemption and interest payment: February 3, 2026
  • No dealings permitted from February 3, 2026 onwards
  • Notice issued under DR-812/2025-2026
  • Applies to debt segment trading members

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification for bond redemption.

Compliance Requirements

  • Trading members must not execute any trades in the specified NHAI bonds from February 3, 2026
  • Trading members must inform their clients about the trading suspension
  • Positions must be settled before the suspension date
  • Members should update their trading systems to prevent inadvertent trades

Important Dates

  • January 23, 2026: Circular issued
  • February 3, 2026: Record date for redemption and interest payment
  • February 3, 2026: Trading suspension effective date

Impact Assessment

Market Impact: High - Complete trading halt affects liquidity for bondholders who may need to exit positions before February 3, 2026.

Investor Impact: High - Bondholders must be aware that no trading will be possible from the record date. Any position adjustments must be completed before February 3, 2026.

Operational Impact: Medium - Trading members need to update systems and communicate with clients about the suspension to prevent failed trades.

Impact Justification

Complete trading suspension in NHAI bonds affects debt market participants and bondholders, requiring immediate action before February 3, 2026