Power Finance Bonds Trading Halted, Record Date Set For Interest & Redemption
Trading in PFC’s bond series PFCL-7.17 per cent -22-5-25-PVT will be suspended on May 6, 2025, for interest payment and bond redemption. Investors holding bonds by this date will receive their dues as per the terms.
Power Finance Bonds Trading Halted |
Mumbai: The Bombay Stock Exchange (BSE) has announced a temporary suspension of trading in specific bonds issued by Power Finance Corporation Ltd (PFC). This action relates to the bond series PFCL-7.17%-22-5-25-PVT with ISIN INE134E08KT5 and security code 959501.
Record Date and Purpose
PFC has fixed May 6, 2025, as the Record Date to determine eligible bondholders for the payment of interest and redemption of these bonds. As a result, no trading in these bonds will be allowed on the same date, May 6, 2025.
Important for Investors
This suspension is a standard procedure followed during such events to ensure proper settlement and benefit distribution. Bondholders holding these securities as of the record date will receive both their due interest and the principal amount.
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