Description

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

Summary

BSE has suspended trading in two series of non-convertible debentures (NCDs) issued by Muthoot Fincorp Limited effective October 13, 2025. The suspension is due to the redemption of these debentures with the record date fixed as October 13, 2025. Trading members are advised not to deal in these specific debentures from the suspension date.

Key Points

  • Two series of NCDs affected: MFL-8.25%-5-11-25-NCD (ISIN: INE549K07BO3, Code: 938133) and MFL-5-11-25-NCD (ISIN: INE549K07BL9, Code: 938139)
  • Trading suspension effective from October 13, 2025
  • Record date for redemption set as October 13, 2025
  • Notice number: DR-734/2025-2026
  • Trading members instructed to refrain from dealing in these debentures

Regulatory Changes

No regulatory changes. This is a standard corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from October 13, 2025
  • Trading members must ensure compliance with the no-dealings instruction for both affected ISIN codes
  • Members required to update their systems to reflect the trading suspension

Important Dates

  • October 8, 2025: Circular issue date
  • October 13, 2025: Record date for redemption
  • October 13, 2025: Trading suspension effective date

Impact Assessment

Market Impact: Limited and specific to holders of these two debenture series. The suspension is part of normal redemption process and does not indicate financial distress.

Investor Impact: Debenture holders will receive redemption proceeds based on the October 13, 2025 record date. No trading opportunity available from suspension date onwards.

Operational Impact: Trading members need to block these specific ISINs in their trading systems to prevent inadvertent trades. The suspension affects only debt segment operations.

Impact Justification

Routine redemption-related trading suspension affecting two specific debenture series. Limited impact as it affects only specific debt instruments with scheduled maturity.