Description

Trading suspended in specific non-convertible debentures of Bajaj Finance Limited due to record date fixed for redemption and interest payment on February 3, 2026.

Summary

BSE has announced the suspension of trading in specific non-convertible debentures (NCDs) of Bajaj Finance Limited. The suspension is effective from February 3, 2026, coinciding with the record date set by the company for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures.

Key Points

  • Trading suspension applies to debentures with ISIN INE296A07RY7 (Code: 973794)
  • Debenture series: BFL-ZC-18-2-26-PVT
  • Record date: February 3, 2026
  • No dealings permitted from February 3, 2026
  • Circular reference: DR-812/2025-2026

Regulatory Changes

No permanent regulatory changes. This is a standard operational procedure for processing corporate actions on debt securities.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures (ISIN: INE296A07RY7) from February 3, 2026
  • All trading members are required to take note of this suspension
  • Members must ensure their systems are updated to prevent inadvertent trading

Important Dates

  • Notice Date: January 29, 2026
  • Record Date: February 3, 2026
  • Trading Suspension Effective: February 3, 2026

Impact Assessment

Market Impact: Limited impact as suspension applies to a single debenture ISIN of Bajaj Finance Limited. The suspension is procedural and temporary, related to corporate action processing.

Investor Impact: Debenture holders of the specified series will receive their scheduled interest payment and redemption proceeds based on holdings as of the record date.

Operational Impact: Trading members must ensure their trading systems reflect the suspension to prevent order placement in the suspended security. The suspension facilitates smooth processing of the redemption and interest payment corporate action.

Impact Justification

Trading suspension affects specific debenture holders and traders of Bajaj Finance debt instruments. Limited to one ISIN and temporary in nature for corporate action processing.