Description

Trading suspended in MCSL 9.97% debentures from November 19, 2025 due to record date for redemption and interest payment.

Summary

BSE has announced the suspension of trading in non-convertible debentures of Muthoot Capital Services Ltd. (ISIN: INE296G07200, Code: 976157) effective November 19, 2025. The suspension is due to the company fixing the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • Debenture: MCSL 9.97% maturing on December 5, 2025 (Privately Placed)
  • ISIN: INE296G07200
  • Scrip Code: 976157
  • Record Date: November 19, 2025
  • No dealings permitted from November 19, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice Number: DR-759/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notice for debt securities.

Compliance Requirements

  • Trading members must not execute any deals in the specified debentures from November 19, 2025
  • Trading members are required to take note of the suspension and inform their clients accordingly
  • All transactions must cease before the record date to ensure proper settlement for redemption and interest payment

Important Dates

  • November 10, 2025: Circular issue date
  • November 19, 2025: Record date for redemption and interest payment; trading suspension effective date
  • December 5, 2025: Debenture maturity date

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. The suspension ensures orderly redemption and interest payment process.

Investor Impact: Debenture holders will receive their final interest payment and principal redemption. No trading liquidity available from November 19, 2025 onwards, but this is expected given the imminent maturity.

Operational Impact: Trading members must update their systems to block trades in this ISIN from the specified date. Standard procedure for debt securities approaching redemption date.

Impact Justification

High severity for debenture holders due to trading suspension, but medium overall impact as it affects only specific debt securities of one company for redemption purposes.