Description

BSE notifies trading members that debt securities of Infrastructure Leasing & Financial Services Limited and National Housing Bank will mature on March 9, 2026, with trading suspended effective March 6, 2026.

Summary

BSE has issued a notice (DR-834/2025-2026) informing trading members that debt securities of Infrastructure Leasing & Financial Services Limited (ILFS) and National Housing Bank (NHB) are maturing on March 9, 2026. Trading in these securities is suspended effective March 6, 2026.

Key Points

  • Two debt securities are maturing on March 9, 2026
  • Trading suspension is effective from March 6, 2026
  • Scrip Code 953589: ILFS 8.80% debt security (ISIN: INE871D07OY8)
  • Scrip Code 974622: NHB 7.79% debt security (ISIN: INE557F08FO5)
  • Both are privately placed debt instruments
  • Notice reference: DR-834/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard operational notice pursuant to the maturity of listed debt securities on the BSE Debt Segment.

Compliance Requirements

  • Trading members must not deal in the aforesaid debt securities of ILFS (Scrip Code 953589, ISIN: INE871D07OY8) and NHB (Scrip Code 974622, ISIN: INE557F08FO5) with effect from March 6, 2026.
  • Members are advised to take note and ensure no trades are executed in these securities from the suspension date.

Important Dates

  • March 5, 2026: Notice issued by BSE
  • March 6, 2026: Trading suspension effective date
  • March 9, 2026: Maturity date for both debt securities

Impact Assessment

The impact is limited to trading members and investors holding these two specific privately placed debt securities. The suspension is a routine action triggered by approaching maturity dates. Investors holding these securities at maturity will receive redemption proceeds as per the terms of the respective instruments. No broader market impact is expected.

Impact Justification

Routine maturity-driven trading suspension affecting two privately placed debt securities; impacts only holders of these specific instruments.