Description

NSE suspends trading in Bank of India's non-convertible securities (ISIN: INE084A08136) effective January 13, 2026, due to redemption for exercising call option.

Summary

The National Stock Exchange of India has announced the suspension of trading in certain Non-Convertible Securities (privately placed) issued by Bank of India. The suspension is effective from January 13, 2026, and is being implemented due to the redemption of securities following the exercise of a call option. This action is taken in accordance with Regulation 3.1.2 of the NSE Debt Market (Trading) Regulations Part A.

Key Points

  • One Non-Convertible Security of Bank of India will be suspended from trading
  • ISIN affected: INE084A08136
  • Suspension effective date: January 13, 2026
  • Reason: Redemption for exercising call option
  • Action taken under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A

Regulatory Changes

No new regulatory changes introduced. This is a routine operational action pursuant to existing NSE Debt Market (Trading) Regulations Part A, Regulation 3.1.2.

Compliance Requirements

  • Members must cease trading in the specified ISIN (INE084A08136) from January 13, 2026
  • Any pending orders or positions in this security should be settled before the suspension date
  • Market participants holding these securities should note the redemption process

Important Dates

  • Circular Date: January 12, 2026
  • Suspension Effective Date: January 13, 2026
  • Reference Number: NSE/CML/72277, Circular Ref. No: 0054/2026

Impact Assessment

Market Impact: Low - This is a routine suspension affecting only one privately placed debt security. The suspension is due to a scheduled redemption following call option exercise, which is a normal part of the security’s lifecycle.

Investor Impact: Limited to holders of the specific ISIN (INE084A08136). These investors will receive redemption proceeds as per the terms of the call option exercise.

Operational Impact: Minimal operational disruption as this affects only privately placed securities with a limited investor base. Trading members need to update their systems to reflect the suspension.

Impact Justification

Routine suspension of a single privately placed debt security for redemption. Limited market impact as it affects only specific bondholders who exercised call option.