BSE has issued Notice No. 20260423-14 directing all trading members to suspend trading in the Pass Through Certificates (PTCs) of Vajra 009 Trust with effect from April 24, 2026. The suspension follows intimation by Axis Trustee Services Limited that the PTCs are being redeemed.

Key Points

• Trading in PTCs of Vajra 009 Trust is suspended effective April 24, 2026
• The suspension is triggered by redemption of the PTCs, as communicated by Axis Trustee Services Limited
• Scrip code: 975786; ISIN: INE0YD015016; Scrip name: VAJRA009-9.25%-20-11-26-PTC
• Reference: DR-617/2026-2027
• Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance And Operations

Regulatory Changes

No new regulatory framework is introduced. This is an operational action under BSE’s existing listing and trading halt procedures consequent to the redemption of the underlying PTCs.

Compliance Requirements

• All trading members of BSE must stop dealing in VAJRA009-9.25%-20-11-26-PTC (ISIN: INE0YD015016, Scrip Code: 975786) from April 24, 2026 onwards
• Trading members are required to take note of this notice and ensure no transactions are executed in the said security post the effective date

Important Dates

• April 23, 2026 – Notice issued
• April 24, 2026 – Suspension of trading effective from this date

Impact Assessment

The impact is limited to holders and prospective traders of this specific PTC instrument. Since the PTCs are being redeemed, the suspension effectively marks the end of the security’s tradeable life on BSE. Investors holding these PTCs should expect redemption proceeds through the normal settlement process. No broader market or systemic impact is anticipated.