Description
BSE suspends trading in Hinduja Leyland Finance Limited NCDs (ISIN: INE146O07508) from April 29, 2026, ahead of record date for put option exercise and interest payment.
Summary
BSE has issued a notice suspending trading in Non-Convertible Debentures (NCDs) of Hinduja Leyland Finance Limited effective April 29, 2026. The suspension is in connection with the company’s fixed record date for the exercise of a Put Option and payment of interest on a specific NCD series.
Key Points
- Trading Members are advised not to deal in the specified debentures of Hinduja Leyland Finance Limited from April 29, 2026
- The record date is set for April 29, 2026, for the purpose of Put Option exercise and NCD redemption
- Affected instrument: HLFL-9%-14-11-27-PVT (ISIN: INE146O07508, Script Code: 976176)
- Notice issued by Marian D’Souza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No permanent regulatory changes. This is a routine operational notice suspending trading in the specified debenture series around the record date, as required under BSE listing regulations for debt instruments.
Compliance Requirements
- Trading Members must refrain from dealing in Hinduja Leyland Finance Limited debentures (ISIN: INE146O07508, Code: DR-620/2026-2027) from April 29, 2026 onwards
- Members are required to take note of the suspension and ensure no transactions are executed in the affected debenture series on or after the record date
Important Dates
- Notice Date: April 22, 2026
- Record Date: April 29, 2026
- No Dealings From: April 29, 2026
- Purpose on Record Date: Redemption of NCD via Exercise of Put Option and Payment of Interest
Impact Assessment
The suspension directly affects holders and potential traders of Hinduja Leyland Finance Limited’s NCD series HLFL-9%-14-11-27-PVT. Investors holding these debentures should note that trading will be suspended from the record date (April 29, 2026) in connection with the put option exercise and interest payment. This is a standard procedural suspension with limited broader market impact, confined to participants in the debt segment dealing in this specific instrument.
Impact Justification
Trading suspension affects only a specific NCD series of Hinduja Leyland Finance Limited; relevant to holders of this debenture but limited broader market impact.