Description

BSE notifies suspension of trading in debt securities of Sadbhav Gadag Highway Private Limited (Scrip Code 976067, ISIN INE04AP07016) effective March 18, 2026, due to restructuring.

Summary

BSE has issued a notice (No. 20260313-25) informing trading members that debt securities of Sadbhav Gadag Highway Private Limited will be suspended for trading effective Wednesday, March 18, 2026. This action is taken due to restructuring of the debt instrument and is a continuation of an earlier notice dated October 8, 2024 (Notice No. 20241008-29).

Key Points

  • Scrip Code 976067 with ISIN INE04AP07016 will be suspended from trading
  • Suspension is effective from Wednesday, March 18, 2026
  • Reason for suspension: restructuring of the debt securities
  • This is a continuation of earlier notice 20241008-29 dated October 8, 2024
  • Issued under the Debt segment, Company-related category

Regulatory Changes

No new regulatory framework changes introduced. The suspension is an operational action under BSE’s existing powers to suspend trading in debt securities undergoing restructuring.

Compliance Requirements

  • Trading Members must cease trading in Scrip Code 976067 (ISIN INE04AP07016) from March 18, 2026
  • Members may contact BSE officials for clarifications:

Important Dates

  • Notice Date: March 13, 2026
  • Suspension Effective Date: Wednesday, March 18, 2026
  • Previous Related Notice: October 8, 2024 (Notice No. 20241008-29)

Impact Assessment

Holders of Sadbhav Gadag Highway Private Limited debt securities (ISIN INE04AP07016) will be unable to trade these instruments on BSE from March 18, 2026, due to an ongoing restructuring process. This is a significant event for debt investors holding this instrument, as liquidity will be completely restricted post-suspension. The restructuring context suggests the issuer may be undergoing financial reorganisation, which could affect the recovery value for bondholders.

Impact Justification

Trading suspension of a specific debt instrument due to restructuring directly affects holders of these securities and their ability to trade, making it high importance and impact.