Description

Trading suspended in TATA POWER CO. LTD's 7.05% Non-Convertible Debentures (ISIN: INE245A08216) from February 6, 2026 due to scheduled redemption and interest payment with record date of February 7, 2026.

Summary

BSE has announced suspension of trading in the 7.05% Non-Convertible Debentures of TATA POWER CO. LTD (ISIN: INE245A08216, Code: 973018) effective from February 6, 2026. The suspension is implemented due to the company’s scheduled redemption of debentures and interest payment, with the record date fixed as February 7, 2026. Trading members are advised not to deal in these debentures from the suspension date.

Key Points

  • Trading suspension applies to TATA POWER CO. LTD’s 7.05% NCDs with ISIN INE245A08216
  • Debenture code: TPCL-7.05%-23-2-26-PVT (973018)
  • Record date for redemption and interest payment: February 7, 2026
  • No dealings permitted from: February 6, 2026
  • Circular reference: DR-815/2025-2026
  • Purpose: Redemption of debentures and payment of interest

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notice implementing existing record date procedures for debt securities.

Compliance Requirements

  • Trading members must not execute any transactions in the specified debentures (ISIN: INE245A08216) from February 6, 2026 onwards
  • Trading members are required to take note of the suspension and communicate to their clients holding these debentures
  • All dealing activities in these NCDs must cease one day prior to the record date

Important Dates

  • January 30, 2026: Notice issued by BSE
  • February 6, 2026: Trading suspension begins (no dealings from this date)
  • February 7, 2026: Record date for redemption and interest payment

Impact Assessment

Investor Impact: Debenture holders on record as of February 7, 2026 will receive their redemption proceeds and final interest payment. Investors cannot trade these securities from February 6, 2026.

Market Impact: Limited to holders of this specific NCD series. The suspension is procedural and temporary, related to the maturity cycle of the debentures. No broader debt market implications.

Liquidity Impact: Trading liquidity for this specific ISIN will be frozen from February 6, 2026. Investors wishing to exit their positions needed to do so before the suspension date.

Operational Impact: Trading members must update their systems to block trading in this security and inform affected clients about the redemption process and timeline.

Impact Justification

Routine trading suspension for scheduled debenture redemption affecting specific debt security holders; limited broader market impact as it pertains to single NCD series with defined record date process.