Description
Trading suspended in two series of MUTHOOT FINCORP LIMITED debentures from October 8, 2025 due to scheduled redemption with record date fixed for the same date.
Summary
BSE has announced the suspension of trading in two series of Non-Convertible Debentures (NCDs) issued by MUTHOOT FINCORP LIMITED effective October 8, 2025. The suspension is due to the company fixing the record date for redemption of these debentures. Trading members are advised not to deal in the specified debentures from the suspension date.
Key Points
- Two NCD series of MUTHOOT FINCORP LIMITED will be suspended from trading
- MFL-9%-1-11-25-NCD (ISIN: INE549K07CU8, Code: 938920)
- MFL-01-11-25-NCD (ISIN: INE549K07CX2, Code: 938926)
- Record date for redemption: October 8, 2025
- No dealings permitted from October 8, 2025
- Notice reference: DR-731/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard suspension notice pursuant to corporate action (debenture redemption) by the issuer.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from October 8, 2025
- Trading members must take note of the suspension and inform their clients accordingly
- Debenture holders as on record date (October 8, 2025) will be eligible for redemption
Important Dates
- Notice Date: October 6, 2025
- Record Date: October 8, 2025
- Trading Suspension Effective From: October 8, 2025
Impact Assessment
Market Impact: Medium - affects investors holding or trading these specific debenture series of MUTHOOT FINCORP LIMITED.
Operational Impact: Trading members need to update their systems to block trading in these securities and communicate the suspension to clients holding these debentures. Debenture holders will receive redemption proceeds as per the terms of issuance. The suspension is temporary and specific to the redemption process.
Impact Justification
Affects trading in specific debenture series of MUTHOOT FINCORP LIMITED with immediate suspension from October 8, 2025 due to redemption process