Description
NSE suspends trading in Bank of Baroda non-convertible securities (ISIN: INE028A08257) effective January 12, 2026 due to redemption for exercising call option.
Summary
NSE has notified the suspension of trading in one non-convertible security issued by Bank of Baroda (ISIN: INE028A08257) effective January 12, 2026. The suspension is due to redemption for exercising call option as per Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.
Key Points
- Single non-convertible security of Bank of Baroda to be suspended from trading
- ISIN: INE028A08257
- Suspension effective date: January 12, 2026
- Reason: Redemption for exercising call option
- Security is privately placed
Regulatory Changes
No regulatory changes introduced. This is a routine operational notification under existing Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A.
Compliance Requirements
- Members must cease trading in the specified ISIN (INE028A08257) from January 12, 2026
- Holders of these securities should note the suspension and upcoming redemption
Important Dates
- Circular Date: January 09, 2026
- Suspension Effective Date: January 12, 2026
Impact Assessment
Minimal market impact as this affects only a single privately placed debt security. The suspension is part of normal lifecycle of the debt instrument where the issuer is exercising its call option for redemption. Only holders of this specific ISIN will be affected, and the action is expected as part of the security’s terms and conditions.
Impact Justification
Routine suspension of a single privately placed debt security due to scheduled redemption; affects only specific bondholders of that ISIN