Description
BSE suspends trading in three series of MUTHOOT FINCORP LIMITED debentures from September 1, 2025 due to redemption record date.
Summary
BSE has suspended trading in three series of Non-Convertible Debentures (NCDs) issued by MUTHOOT FINCORP LIMITED effective September 1, 2025. The suspension is due to the company fixing the record date for redemption of these debentures.
Key Points
- Three series of MUTHOOT FINCORP LIMITED debentures will be suspended from trading
- All three debenture series have the same record date and suspension date of September 1, 2025
- Trading members are advised not to deal in these specific debentures
- The suspension is for redemption purposes
Regulatory Changes
No new regulatory changes - this is a standard corporate action procedure for debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from September 1, 2025
- Trading members are required to take note of this suspension
Important Dates
- Record Date: September 1, 2025 (for all three debenture series)
- No Dealings From: September 1, 2025
- Notice Date: August 22, 2025
Impact Assessment
The impact is limited to holders and traders of these specific MUTHOOT FINCORP LIMITED debenture series. The suspension facilitates the orderly redemption process and prevents trading confusion during the redemption period. This is a routine corporate action with no broader market implications.
Impact Justification
Medium impact as it affects specific debt securities of one company with clear redemption timeline