Description

Trading suspended in HDB Financial Services Limited debentures from February 10, 2026 due to redemption and interest payment with record date set for the same date.

Summary

BSE has announced the suspension of trading in specific Non-Convertible Debentures (NCDs) of HDB Financial Services Limited effective February 10, 2026. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised to cease dealings in the specified debentures from the record date.

Key Points

  • HDB Financial Services Limited has set a record date of February 10, 2026 for debenture redemption and interest payment
  • Trading in the affected debentures (ISIN: INE756I07EL8, Code: 974325) will be suspended from February 10, 2026
  • The debentures carry an interest rate of 8.04% and mature on February 25, 2026
  • Trading members are instructed not to deal in these debentures from the no-dealings date
  • Notice reference: DR-817/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action procedure for debt securities nearing maturity.

Compliance Requirements

  • Trading members must cease all dealings in the specified HDB Financial Services debentures from February 10, 2026
  • Members must ensure compliance with the no-dealings restriction to avoid regulatory issues
  • Proper notification to clients holding or intending to trade these debentures is recommended

Important Dates

  • Notice Date: January 30, 2026
  • Record Date: February 10, 2026
  • No Dealings From: February 10, 2026
  • Debenture Maturity: February 25, 2026 (8.04%-25-2-26-PVT)

Impact Assessment

Market Impact: Limited to holders and traders of the specific HDB Financial Services debenture series (INE756I07EL8). The suspension is temporary and relates to the maturity process.

Operational Impact: Trading members dealing in debt securities must update their systems to block trading in the affected ISIN from February 10, 2026. Investors holding these debentures will receive redemption proceeds and final interest payment as per the terms.

Investor Impact: Debenture holders will receive their principal amount along with accrued interest on the redemption date. Secondary market liquidity for these instruments ceases from the record date, which is standard procedure for maturing debt securities.

Impact Justification

Routine debenture redemption affecting specific debt instruments; limited to HDB Financial Services debenture holders and traders