Description
Trading suspended in MUTHOOTTU MINI FINANCIERS LIMITED debentures (MMFL-10.5%-21-11-25-NCD) from November 6, 2025 due to redemption.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of MUTHOOTTU MINI FINANCIERS LIMITED (ISIN: INE101Q07847, Code: 937331) effective November 6, 2025. The suspension is due to the company fixing the record date for redemption of its 10.5% debentures maturing on November 21, 2025. Trading members are advised not to deal in these debentures from the no-dealings date.
Key Points
- Company: MUTHOOTTU MINI FINANCIERS LIMITED
- Security: MMFL-10.5%-21-11-25-NCD
- ISIN: INE101Q07847
- BSE Code: 937331
- Record Date: November 6, 2025
- No Dealings From: November 6, 2025
- Purpose: Redemption of Non-Convertible Debentures
- Notice Number: DR-750/2025-2026
- Issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification for debenture redemption.
Compliance Requirements
- Trading members must cease all dealings in the specified debentures from November 6, 2025
- No buy or sell transactions should be executed for ISIN INE101Q07847 after the no-dealings date
- Trading members must ensure their systems and clients are informed of the suspension
Important Dates
- October 29, 2025: Circular issued
- November 6, 2025: Record date for redemption and commencement of trading suspension
- November 21, 2025: Expected debenture maturity date (based on security nomenclature)
Impact Assessment
Investor Impact: Debenture holders as of the record date (November 6, 2025) will be eligible for redemption proceeds. Investors cannot trade these debentures on or after the record date.
Market Impact: Limited to holders of this specific debenture series. No broader market implications as this is a routine corporate action for maturing debt securities.
Operational Impact: Trading members must update their systems to block trading in the specified ISIN from November 6, 2025 onwards to ensure compliance with the suspension directive.
Impact Justification
Routine debenture redemption affecting specific security holders. Trading suspension is procedural for record date fixation. Limited broader market impact.