Description
Trading suspended in PFC bonds from February 5, 2026 due to redemption on exercise of PUT option and interest payment with record date set for the same day.
Summary
BSE has announced suspension of trading in bonds of Power Finance Corporation Ltd (PFC) effective February 5, 2026. The suspension is due to the company fixing a record date for redemption on exercise of PUT option and payment of interest on its 7.64% bonds maturing in 2033.
Key Points
- Trading suspended for PFC bonds (ISIN: INE134E08MA1, Code: 974611)
- Bond series: PFC-7.64%-22-2-33-PVT
- Record date: February 5, 2026
- No dealings permitted from February 5, 2026
- Circular reference: DR-814/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification.
Compliance Requirements
- Trading members must not deal in the specified PFC bonds from February 5, 2026
- Trading members are required to take note of the suspension and ensure compliance
- Adherence to record date requirements for redemption and interest payment purposes
Important Dates
- January 30, 2026: Circular notice date
- February 5, 2026: Record date for redemption and interest payment
- February 5, 2026: Trading suspension effective date (no dealings from this date)
Impact Assessment
The suspension impacts holders of PFC’s 7.64% bonds (ISIN: INE134E08MA1) who wish to exercise their PUT option. Trading members must halt all dealings in this specific bond series from the record date. The impact is limited to the debt segment and affects bondholders seeking to redeem or trade this particular security. Investors holding these bonds should note the record date for eligibility for interest payment and redemption on exercise of PUT option.
Impact Justification
Trading suspension affects specific bond series holders due to corporate action; limited to debt segment with specific record date requirements