Description

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

Summary

BSE has issued a notice directing trading members to suspend dealings in the Non-Convertible Debentures (NCDs) of India Infradebt Limited. The suspension is necessitated by the company fixing a Record Date of 10 March 2026 for the purpose of redemption of debentures and payment of interest. No dealings are permitted from 10 March 2026 onwards.

Key Points

  • India Infradebt Limited has fixed 10 March 2026 as the Record Date for redemption and interest payment
  • Debenture series affected: IIL-7.25%-25-3-26-PVT (Scrip Code: 973116, ISIN: INE537P07596)
  • Trading members are advised not to deal in these debentures from 10 March 2026
  • The debenture carries a coupon rate of 7.25%
  • Notice reference: DR-836/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No new regulatory changes. This is a standard operational notice under BSE’s debt segment procedures requiring suspension of trading prior to a corporate action (redemption and interest payment).

Compliance Requirements

  • Trading members must cease all dealings in ISIN INE537P07596 (Scrip Code 973116) with effect from 10 March 2026
  • Members must take note of the no-dealings directive and ensure their systems reflect the trading suspension

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

Impact is limited to holders and traders of the specific NCD series (IIL-7.25%-25-3-26-PVT). The debenture is being redeemed on maturity (25 March 2026 as indicated in the series name), so the suspension is a routine end-of-life action for this instrument. Investors holding these debentures will receive redemption proceeds along with the final interest payment. No broader market or systemic impact is anticipated.

Impact Justification

Routine suspension of NCD trading ahead of redemption and interest payment; affects only holders of this specific debenture series with no broader market impact.