Description
Trading suspended in Bajaj Finance debentures (INE296A07SJ6) from February 12, 2026 due to redemption and interest payment with record date on same day.
Summary
BSE has suspended trading in specific non-convertible debentures of Bajaj Finance Limited (Code: BFL-8%-27-2-26-PVT, ISIN: INE296A07SJ6, Scrip Code: 974761) effective February 12, 2026. The suspension is implemented due to the company fixing a record date for redemption of debentures and payment of interest.
Key Points
- Trading suspended for Bajaj Finance debenture series BFL-8%-27-2-26-PVT
- ISIN: INE296A07SJ6, Scrip Code: 974761
- Record date set for February 12, 2026
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from February 12, 2026
- Circular reference: DR-819/2025-2026
Regulatory Changes
No new regulatory framework changes. This is a standard operational suspension procedure mandated when companies fix record dates for debt instrument redemption and interest payment events.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from February 12, 2026
- All pending orders for the specified ISIN must be cancelled
- Trading members must inform their clients holding these debentures about the suspension
- Settlement obligations for trades executed before suspension date must be completed as per normal settlement cycle
Important Dates
- Notice Date: February 9, 2026
- Record Date: February 12, 2026
- Trading Suspension Effective Date: February 12, 2026
Impact Assessment
Market Impact: High - Complete trading halt affects liquidity for holders of these specific debentures. Investors cannot exit positions from the suspension date.
Investor Impact: High - Debenture holders will receive redemption proceeds and final interest payment based on holdings as of record date. No trading flexibility available from suspension date.
Operational Impact: Medium - Trading members need to update their systems to block trades in the specified ISIN and communicate with affected clients.
Liquidity Impact: High - Zero liquidity for this specific debenture series from February 12, 2026 until redemption is completed.
Impact Justification
Complete trading suspension for specific debenture series due to redemption affects debt market liquidity and investor positions