JHAJJAR - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/jhajjar/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usWed, 08 Apr 2026 00:00:00 +0000Suspension of Trading in Debentures and Bonds - Record Date for Interest/Redemptionhttps://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-08-9e3c8fcdaa593961-suspension-of-trading-in-debentures-and-bonds/Wed, 08 Apr 2026 16:12:35 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-08-9e3c8fcdaa593961-suspension-of-trading-in-debentures-and-bonds/BSE advises trading members not to deal in NCDs/bonds of 11 companies including L&T Metro Rail, Kotak Mahindra Bank, IRFC, Muthoot Fincorp, and REC Limited, ahead of record dates for interest payment or redemption between April 10–15, 2026.bsetradingmediummediummedium9e3c8fcdaa593961https://www.bseindia.com/downloads/UploadDocs/Notices/20260408-45/20260408-45.pdfLTMRHLECLFINANCEKOTAKBANKIRFCMUTHOOTFINSAKTHIFINJHAJJARRECLTDtrading-suspensiondebenturesbondsncdrecord-dateinterest-paymentredemptioncorporate-actionsdebt-segmentlisting-operationsSummary

BSE Notice No. 20260408-45 dated April 8, 2026 directs trading members to refrain from dealing in the Non-Convertible Debentures (NCDs) and bonds of 11 companies. These companies have fixed record dates for payment of interest and/or redemption of their debt instruments, effective between April 10 and April 15, 2026.

Key Points

  • Trading suspension applies to specific NCD/bond scrips of 11 companies listed on the BSE Debt segment
  • Record dates fall between April 10–15, 2026, with ex-dates on or just before the record dates
  • Settlements are categorized under DR series 608/2026-2027, 609/2026-2027, and 610/2026-2027
  • Suspension is for purposes of interest payment and/or redemption of principal
  • Notice issued by Listing Compliance and Operations department

Regulatory Changes

No new regulatory changes; this is a routine operational notice under existing BSE guidelines governing trading suspensions around record dates for debt instruments.

Compliance Requirements

  • Trading members must not execute any trades in the listed NCD/bond scrips during the suspension period around respective record and ex-dates
  • Members are expected to communicate this restriction to their clients dealing in these debt instruments

Important Dates

Scrip Code Company Scrip ID ISIN Record Date Ex Date Settlement
973697 L&T Metro Rail (Hyderabad) Limited LTMRHL-6.58%-30-4-26-PVT INE128M08078 10/04/2026 10/04/2026 608/2026-2027
953986 ECL Finance Limited ECL-NIFTY-D6E601A-28-04-26-PVT INE804I08684 13/04/2026 13/04/2026 609/2026-2027
958687 Kotak Mahindra Bank Ltd. KMBL-8.25%-28-4-26-PVT INE237A08940 13/04/2026 13/04/2026 609/2026-2027
972649 Indian Railway Finance Corporation IRFC-76A-9.33%-10-05-2026-PVT INE053F09HP6 13/04/2026 13/04/2026 609/2026-2027
975629 CSA Investments Private Limited CSAIPL-14.25%-29-04-26-PVT INE0LWH07054 14/04/2026 13/04/2026 609/2026-2027
937547 Muthoot Fincorp Limited MFCL-8.75%-7-5-26-NCD INE549K07AJ5 15/04/2026 15/04/2026 610/2026-2027
937557 Muthoot Fincorp Limited MFCL-ZC-7-5-26-NCD INE549K07AO5 15/04/2026 15/04/2026 610/2026-2027
937981 Sakthi Finance Ltd. SFL-9%-29-4-26-NCD INE302E07441 15/04/2026 15/04/2026 610/2026-2027
937983 Sakthi Finance Ltd. SFL-29-4-26-NCD INE302E07458 15/04/2026 15/04/2026 610/2026-2027
952011 Jhajjar Power Limited JPL-9.99%-30-4-26-PVT INE165K07027 15/04/2026 15/04/2026 610/2026-2027
974898 REC Limited 7.44%-RL-30-4-26-PVT INE020B08EL2 15/04/2026 15/04/2026 610/2026-2027

Impact Assessment

This is a standard pre-redemption/interest-payment trading suspension notice with moderate impact confined to the debt segment. The affected instruments are maturing or paying interest in the near term (April–May 2026), making secondary market trading moot beyond the record date. Notable names include public sector entities IRFC and REC Limited, as well as large private issuers such as Kotak Mahindra Bank and Muthoot Fincorp. Holders of these instruments should note the ex-dates to ensure eligibility for interest or redemption proceeds. No equity market impact is expected.

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