Description

BSE suspends trading in three series of non-convertible debentures of Muthoot Finance Limited from October 17, 2025, due to redemption and interest payment with record date of October 19, 2025.

Summary

BSE has announced the suspension of trading in three series of non-convertible debentures (NCDs) issued by Muthoot Finance Limited. The suspension is effective from October 17, 2025, due to the company fixing a record date of October 19, 2025, for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures.

Key Points

  • Three NCD series of Muthoot Finance Limited are affected
  • ISIN INE414G07GU4 (Code: 938246) - MFL-3-11-25-NCD
  • ISIN INE414G07GX8 (Code: 938262) - MFL-3-11-25-NCD
  • ISIN INE414G07HA4 (Code: 938266) - MFL-3-11-25-NCD
  • Purpose: Redemption of debentures and payment of interest
  • Trading suspension applies to all three series
  • Notice issued under reference DR-738/2025-2026

Regulatory Changes

No regulatory changes. This is a standard operational circular for trading suspension related to corporate actions.

Compliance Requirements

  • Trading members must not deal in the specified debentures from October 17, 2025
  • Trading members are required to take note of the suspension and inform their clients
  • No transactions should be executed in the three affected NCD series during the suspension period

Important Dates

  • Notice Date: October 13, 2025
  • Trading Suspension From: October 17, 2025
  • Record Date: October 19, 2025

Impact Assessment

Market Impact: Limited to holders of the three specific NCD series of Muthoot Finance Limited. The suspension is temporary and standard procedure for debenture redemption and interest payment processing.

Investor Impact: Investors holding these debentures will not be able to trade them from October 17, 2025. Those holding the debentures on the record date (October 19, 2025) will be eligible for redemption proceeds and interest payment.

Operational Impact: Trading members need to ensure their systems reflect the trading suspension and prevent any inadvertent transactions in these securities during the suspension period.

Impact Justification

Routine trading suspension for debenture redemption affecting three specific NCD series. Limited to debt securities investors holding these particular ISINs.