Description
BSE suspends trading in Hindustan Zinc Ltd's 7.75% Non-Convertible Debentures (INE267A08020) from 06 March 2026 due to upcoming redemption and interest payment on the same date.
Summary
BSE has issued a notice (No. 20260304-21) informing trading members that Hindustan Zinc Ltd has fixed 06 March 2026 as the Record Date for redemption and interest payment on its 7.75% Non-Convertible Debentures (Series: HZL-STRP1-7.75%-21-03-26-PVT, ISIN: INE267A08020, Code: 976514). Trading in these debentures is prohibited effective 06 March 2026.
Key Points
- Hindustan Zinc Ltd has set a Record Date of 06 March 2026 for its NCD series HZL-STRP1-7.75%-21-03-26-PVT.
- The purpose of the Record Date is Redemption of Debentures and Payment of Interest.
- Trading members are directed not to deal in ISIN INE267A08020 (BSE Code: 976514) from 06 March 2026 onwards.
- The notice is issued under reference DR-834/2025-2026.
- This is a Debt Segment corporate action on BSE.
Regulatory Changes
No new regulatory changes introduced. This is a standard operational suspension notice under existing BSE framework for debt securities approaching maturity/redemption.
Compliance Requirements
- All trading members must cease dealing in HZL NCD (INE267A08020 / Code 976514) with effect from 06 March 2026.
- Members must take note of the no-dealings directive and ensure their systems and clients are informed accordingly.
Important Dates
| Event | Date |
|---|---|
| Circular Date | 04 March 2026 |
| Record Date | 06 March 2026 |
| No Dealings From | 06 March 2026 |
| Debenture Maturity (Series name) | 21 March 2026 |
Impact Assessment
The trading suspension is limited to a single NCD series of Hindustan Zinc Ltd maturing on 21 March 2026. Holders of this instrument will receive principal redemption and final interest on the Record Date. The impact is confined to debt market participants holding or trading this specific ISIN, with no broader equity or operational implications for the company.
Impact Justification
Routine debenture redemption and interest payment action affecting a specific NCD series of Hindustan Zinc Ltd; trading suspension is limited to one instrument from 06 March 2026.