Description
BSE has suspended trading in Hindustan Zinc Ltd. NCD (HZL-STRP1-7.75%-21-03-26-PVT, INE267A08020) effective 06 March 2026 due to redemption and interest payment on record date.
Summary
BSE has notified trading members that Hindustan Zinc Ltd. has fixed a record date of 06 March 2026 for the redemption of its Non-Convertible Debentures and simultaneous payment of interest. Trading in the specified debenture series is prohibited with effect from 06 March 2026.
Key Points
- Trading in Hindustan Zinc Ltd. debenture series HZL-STRP1-7.75%-21-03-26-PVT (ISIN: INE267A08020, Scrip Code: 976514) is suspended effective 06 March 2026.
- The suspension covers both the redemption of debentures and the payment of interest.
- Record date fixed by the company: 06 March 2026.
- No dealings are permitted from 06 March 2026 onwards.
- Circular reference: DR-834/2025-2026.
- Issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations.
Regulatory Changes
No new regulatory framework introduced. This is a standard operational notice under BSE’s debt market suspension procedures for maturing/redeeming debentures.
Compliance Requirements
- All trading members on BSE’s Debt Segment must cease dealing in INE267A08020 (Scrip Code 976514) from 06 March 2026.
- Members must ensure no buy or sell orders are placed in this security on or after the no-dealings date.
Important Dates
| Event | Date |
|---|---|
| Circular Date | 04 March 2026 |
| Record Date | 06 March 2026 |
| No Dealings From | 06 March 2026 |
| Debenture Maturity | 21 March 2026 (as indicated in series name) |
Impact Assessment
Holders of Hindustan Zinc Ltd. NCD series HZL-STRP1-7.75%-21-03-26-PVT will receive redemption proceeds and accrued interest as of the record date of 06 March 2026. The debenture series matures on 21 March 2026 (per series nomenclature). Secondary market liquidity in this instrument ceases from 06 March 2026, which is standard practice ahead of NCD redemption. Impact is limited to existing holders of this specific series.
Impact Justification
Immediate trading suspension effective 06 March 2026 for NCD redemption directly affects holders of Hindustan Zinc debentures; no dealings permitted from that date.