Description

NSE suspends trading in Non-Convertible Securities (ISIN: INE008A08V18) of IDBI Bank Limited effective December 17, 2025 due to redemption.

Summary

National Stock Exchange of India has issued a circular announcing the suspension of trading in Non-Convertible Securities (Privately Placed) of IDBI Bank Limited. The suspension is effective from December 17, 2025, and is being implemented due to the redemption of the securities. This action is taken in pursuance of Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.

Key Points

  • Trading suspension applies to IDBI Bank Limited’s Non-Convertible Securities
  • ISIN affected: INE008A08V18
  • Suspension effective date: December 17, 2025
  • Reason: Redemption of securities
  • Action taken under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A
  • Securities are privately placed debt instruments

Regulatory Changes

No new regulatory changes introduced. This circular implements existing regulations governing the suspension of debt securities upon redemption.

Compliance Requirements

  • All NSE members must cease trading in the specified ISIN (INE008A08V18) from December 17, 2025
  • Members should update their trading systems to reflect the suspension
  • No new orders should be accepted for this security after the suspension date

Important Dates

  • Circular Date: December 16, 2025
  • Suspension Effective Date: December 17, 2025

Impact Assessment

The impact of this circular is limited and routine in nature. The suspension affects only one privately placed debt security of IDBI Bank Limited, which has reached its redemption date. Privately placed securities typically have limited secondary market trading activity, so the market impact is minimal. This is a standard administrative action that occurs when debt securities mature and are redeemed. Investors holding these securities will receive their redemption proceeds as per the terms of issuance. No broader market implications are expected from this suspension.

Impact Justification

Routine suspension of a single privately placed debt security due to scheduled redemption. Limited market impact as it affects only one ISIN and is part of normal debt market operations.