Description

BSE suspends trading in two series of Non-Convertible Debentures of MUTHOOT FINCORP LIMITED from October 13, 2025, due to scheduled redemption.

Summary

BSE has announced the suspension of trading in two series of Non-Convertible Debentures (NCDs) issued by MUTHOOT FINCORP LIMITED, effective October 13, 2025. The suspension is due to the company fixing a record date for redemption purposes. 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 have trading suspended
  • MFL-8.25%-5-11-25-NCD (ISIN: INE549K07BO3, Code: 938133)
  • MFL-5-11-25-NCD (ISIN: INE549K07BL9, Code: 938139)
  • Record date set for October 13, 2025
  • No dealings permitted from October 13, 2025
  • Notice issued under DR-734/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard trading suspension procedure for debt securities approaching redemption.

Compliance Requirements

  • Trading members must not execute trades in the specified debentures from October 13, 2025
  • All trading members are required to take note of the suspension
  • Members must ensure their systems reflect the trading halt for both NCD series

Important Dates

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

Impact Assessment

The suspension affects holders and potential traders of two specific NCD series of MUTHOOT FINCORP LIMITED. The impact is limited to debt market participants dealing with these instruments. The scheduled redemption indicates normal maturity process. Trading members must update their systems to prevent inadvertent trades in these securities. No broader market implications expected as this is a routine corporate action for maturing debt securities.

Impact Justification

Trading suspension affects specific debenture holders of MUTHOOT FINCORP LIMITED but is limited to two NCD series undergoing scheduled redemption. Impact is contained to debt market participants holding these specific instruments.