Description

BSE notifies trading members of suspension of trading in Fedbank Financial Services Limited's Non-Convertible Debentures (INE007N07033) effective March 20, 2026, due to scheduled redemption.

Summary

BSE has notified trading members that Fedbank Financial Services Limited has fixed a Record Date of March 20, 2026 for the redemption of a specific series of Non-Convertible Debentures. Trading in the said debentures is suspended from March 20, 2026 onwards. This is a routine corporate action related to the maturity and redemption of privately placed NCDs.

Key Points

  • Trading members are advised not to deal in the specified debentures of Fedbank Financial Services Limited from March 20, 2026.
  • The debenture series affected: FFSL-GSEC32-4-4-26-PVT with ISIN INE007N07033 (BSE Code: 974516).
  • Record Date for redemption is March 20, 2026.
  • No dealings are permitted from March 20, 2026.
  • Notice reference: DR-844/2025-2026.

Regulatory Changes

No new regulatory changes introduced. This circular implements standard exchange procedure for suspending trading in debt securities approaching their redemption date.

Compliance Requirements

  • Trading members must cease all dealings in the debenture series FFSL-GSEC32-4-4-26-PVT (INE007N07033 / Code 974516) effective March 20, 2026.
  • Members are required to take note of the suspension and ensure no trades are executed in the said security on or after the no-dealings date.

Important Dates

  • Circular Date: March 13, 2026
  • Record Date for Redemption: March 20, 2026
  • No Dealings From: March 20, 2026

Impact Assessment

The impact is limited to holders and traders of the specific NCD series (FFSL-GSEC32-4-4-26-PVT). This is a standard end-of-life action for a privately placed debenture reaching its redemption date. Investors holding these debentures should expect redemption proceeds on or around the record date. No broader market or systemic impact is anticipated.

Impact Justification

Routine debenture redemption suspension affecting a specific NCD series; impacts only holders of FFSL-GSEC32-4-4-26-PVT (code 974516) with no broader market implications.