Description
BSE notifies trading members of suspension of trading in Non-Convertible Debentures of INOX Renewable Solutions Limited effective March 13, 2026, ahead of redemption and interest payment.
Summary
BSE has issued a notice (No. 20260311-70) informing trading members that trading in the Non-Convertible Debentures of INOX Renewable Solutions Limited is suspended effective March 13, 2026. The suspension is due to the company having fixed a Record Date for Redemption of Debentures and Payment of Interest.
Key Points
- Trading in debentures of INOX Renewable Solutions Limited (IRSL-10.75%-20-3-26-PVT) is suspended from March 13, 2026
- ISIN: INE0CJZ08027 (Scrip Code: 974705)
- Purpose of Record Date: Redemption of Debentures and Payment of Interest
- Notice reference: DR-839/2025-2026
- Trading members are advised not to deal in these debentures from the effective date
Regulatory Changes
No new regulatory changes. This is a standard operational notice under BSE’s debt segment procedures for suspension of NCD trading ahead of a record date.
Compliance Requirements
- Trading members must refrain from dealing in INOX Renewable Solutions Limited debentures (ISIN: INE0CJZ08027, Code: 974705) from March 13, 2026 onwards.
- Members should update their systems to reflect the trading suspension for this debenture series.
Important Dates
- Notice Date: March 11, 2026
- Record Date: March 13, 2026
- No Dealings From: March 13, 2026
Impact Assessment
The impact is limited to holders and traders of this specific NCD series (IRSL-10.75%-20-3-26-PVT). The debenture is being fully redeemed on the record date, so the suspension marks the end of its tradeable life on the BSE debt segment. Investors holding these debentures will receive redemption proceeds and accrued interest as per the terms of the instrument.
Impact Justification
Routine suspension of NCD trading ahead of redemption and interest payment; affects only holders of this specific debenture series (IRSL-10.75%-20-3-26-PVT, code 974705).