Description

Trading suspended in two series of non-convertible debentures of Muthoot Fincorp Limited from October 13, 2025 due to redemption record date.

Summary

BSE has announced the suspension of trading in two series of non-convertible debentures issued by Muthoot Fincorp Limited effective October 13, 2025. The suspension is due to the company fixing the record date for redemption purposes. Trading members are advised not to deal in these specified debentures from the suspension date.

Key Points

  • Two NCD series affected: MFL-8.25%-5-11-25-NCD (ISIN: INE549K07BO3, Code: 938133) and MFL-5-11-25-NCD (ISIN: INE549K07BL9, Code: 938139)
  • Record date for redemption: October 13, 2025
  • No dealings permitted from: October 13, 2025
  • Reference: DR-734/2025-2026
  • Trading members must take note and comply with suspension

Regulatory Changes

No new regulatory changes. This is a standard operational suspension pursuant to redemption procedures for non-convertible debentures.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from October 13, 2025
  • Members must inform their clients holding these debentures about the trading suspension
  • All outstanding orders for these securities should be cancelled before the suspension date

Important Dates

  • Notice Date: October 8, 2025
  • Record Date: October 13, 2025
  • Trading Suspension Effective From: October 13, 2025

Impact Assessment

Market Impact: Low to medium - affects only holders and potential traders of these two specific NCD series. The suspension is temporary and linked to the redemption process.

Investor Impact: Medium - debenture holders will not be able to trade these securities from the suspension date, but this is expected as part of the redemption process. Investors on record as of October 13, 2025 will receive redemption proceeds.

Operational Impact: Low - routine suspension procedure that exchanges and brokers regularly handle for maturing debt instruments.

Impact Justification

Trading suspension affects specific debenture holders but is routine for redemption process; limited to two NCD series of one issuer