Description

BSE notifies trading members that debt securities of Sadbhav Gadag Highway Private Limited (Scrip Code 976067) will be available for trading with revised ISIN and terms effective April 22, 2026, including a change in maturity date from October 2028 to July 2029.

Summary

BSE has issued an update regarding the debt securities of Sadbhav Gadag Highway Private Limited in continuation of Notice No. 20260311-1 dated March 13, 2026. Effective Wednesday, April 22, 2026, Scrip Code 976067 will be available for trading with revised terms, including a new ISIN, revised Scrip ID, and updated maturity date extending from October 31, 2028 to July 28, 2029.

Key Points

  • Scrip Code 976067 will trade with revised terms effective April 22, 2026
  • ISIN changes from INE04AP07016 to INE04AP07073
  • Scrip ID updated from 10SGHPL28 to 10SGHPL29
  • Abbreviated name updated from 10SGHPL28 to 10SGHPL29
  • Scrip long name revised from SGHPL-10%-RESET RATE-31-10-28-PVT to SGHPL-10%-RESET RATE-28-07-29-PVT
  • The coupon rate remains at 10% reset rate
  • This is a continuation notice following the original March 13, 2026 circular

Regulatory Changes

The debt securities of Sadbhav Gadag Highway Private Limited have been assigned a new ISIN (INE04AP07073) reflecting revised terms. The maturity date has been extended from October 31, 2028 to July 28, 2029. All associated identifiers (Scrip ID, abbreviated name, and long name) have been updated accordingly.

Compliance Requirements

Trading members are required to:

  • Note the revised Scrip ID, ISIN, and long name for Scrip Code 976067 effective April 22, 2026
  • Update their systems to reflect the new ISIN INE04AP07073 in place of INE04AP07016
  • Contact BSE DCS-Listing department (Mr. Akash Shinde, +91 22 2272 8844, debt.listing@bseindia.com) for any clarifications

Important Dates

  • April 21, 2026: Circular issuance date
  • April 22, 2026 (Wednesday): Effective date for revised terms and new ISIN to be available for trading
  • Original notice: March 13, 2026 (Notice No. 20260311-1)
  • Old maturity: October 31, 2028
  • New maturity: July 28, 2029

Impact Assessment

This update affects traders and holders of Sadbhav Gadag Highway Private Limited’s 10% reset-rate bonds. The extension of the maturity date by approximately nine months (from October 2028 to July 2029) represents a material change in the bond’s terms. Market participants holding or trading these securities must update their records with the new ISIN to ensure correct settlement and compliance. The change is limited to this single private limited company’s debt instrument and does not have broader market-wide implications.

Impact Justification

Material update to debt security terms including ISIN change and revised maturity date; directly affects holders and traders of this specific bond instrument but limited to a single issuer's debt paper.