Description

BSE advises trading members not to deal in debentures of India Infradebt Limited (IIL-7.25%-25-3-26-PVT, INE537P07596) ahead of redemption and interest payment on 10 March 2026.

Summary

BSE has issued a notice (No. 20260304-24) directing trading members not to deal in the Non-Convertible Debentures of India Infradebt Limited with effect from 10 March 2026. The suspension is necessitated by the company fixing a Record Date for the purpose of redemption of debentures and payment of interest.

Key Points

  • Trading in debentures of India Infradebt Limited (series IIL-7.25%-25-3-26-PVT, ISIN: INE537P07596, Code: 973116) is suspended from 10 March 2026
  • The Record Date is set as 10 March 2026 for both redemption of debentures and payment of interest
  • The coupon rate on the debenture series is 7.25%
  • Reference number for the circular is DR-836/2025-2026
  • Issued under the Debt segment, Corporate Actions category

Regulatory Changes

No new regulatory changes. This is a standard operational notice under existing BSE listing compliance procedures requiring suspension of trading ahead of a record date for corporate actions on debt securities.

Compliance Requirements

  • Trading members must not execute any buy or sell transactions in the specified debenture series (INE537P07596 / Code 973116) from 10 March 2026 onwards
  • Members should update their systems to block dealings in this security from the effective date

Important Dates

  • Circular Date: 04 March 2026
  • Record Date: 10 March 2026
  • No Dealings From: 10 March 2026
  • Purpose: Redemption of Debentures and Payment of Interest

Impact Assessment

The impact is limited to holders and traders of this specific NCD series. As the debenture is approaching its maturity/redemption date (25 March 2026 as suggested by the series name), this suspension is a standard pre-redemption measure. Investors holding this security will receive redemption proceeds and final interest payment on or around the record date. No broader market impact is expected.

Impact Justification

Routine suspension of trading in a specific NCD ahead of its scheduled redemption and interest payment; affects only holders of this debenture series.