Description
BSE notifies trading members of suspension of trading in NCDs of IOT Utkal Energy Services Limited ahead of record date for redemption and interest payment on 13 March 2026.
Summary
BSE has issued a notice (No. 20260311-64) directing trading members not to deal in the Non-Convertible Debentures (NCDs) of IOT Utkal Energy Services Limited. The suspension is effective from 13 March 2026, which is also the record date fixed by the company for the purpose of redemption of debentures and payment of interest.
Key Points
- Trading in debentures of IOT Utkal Energy Services Limited is suspended effective 13 March 2026
- The company has fixed 13 March 2026 as the record date for redemption and interest payment
- Affected scrip: Code 1008IOT26C, ISIN INE310L07886 (Scrip Code: 950212)
- Notice reference: DR-839/2025-2026
- Circular 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 trading members to refrain from dealing in the specified debenture series ahead of its record date.
Compliance Requirements
- Trading members must not deal in the debentures of IOT Utkal Energy Services Limited (ISIN: INE310L07886 / Code: 1008IOT26C) from 13 March 2026 onwards.
- Members are required to take note of and comply with this suspension notice immediately.
Important Dates
| Event | Date |
|---|---|
| Circular Date | 11 March 2026 |
| Record Date | 13 March 2026 |
| No Dealings From | 13 March 2026 |
Impact Assessment
The suspension affects trading in a specific NCD series (1008IOT26C) of IOT Utkal Energy Services Limited on the BSE Debt Market Segment. The impact is limited to holders and prospective traders of this particular debenture series. The suspension is temporary and tied to the record date for the redemption event, which is a routine corporate action. Debenture holders will receive redemption proceeds and accrued interest as scheduled on or around the record date.
Impact Justification
Routine suspension of NCD trading ahead of record date for redemption and interest payment; impacts only holders of the specific debenture series of IOT Utkal Energy Services Limited.