Description

Trading suspended in MRHFL debentures (ISIN: INE950O08287) from November 27, 2025 due to record date for redemption and interest payment.

Summary

BSE has suspended trading in specific non-convertible debentures (NCDs) of Mahindra Rural Housing Finance Limited effective November 27, 2025. The suspension is due to the company setting a record date for debenture redemption and interest payment. Trading members are prohibited from dealing in the affected debenture series.

Key Points

  • Trading suspended for MRHFL 8.315% debentures maturing December 12, 2025
  • ISIN affected: INE950O08287 (Security Code: 974833)
  • Suspension effective from November 27, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Trading members must not execute any deals in this debenture

Regulatory Changes

No regulatory framework changes. This is a standard operational measure applied when companies fix record dates for debenture servicing.

Compliance Requirements

  • Trading members must cease all dealing in the specified debenture (ISIN: INE950O08287) from November 27, 2025
  • Members should update their systems to prevent inadvertent trades
  • Investors holding these debentures should be informed of the suspension

Important Dates

  • November 21, 2025: Circular issued
  • November 27, 2025: Record date for interest payment and redemption
  • November 27, 2025: Trading suspension begins (no dealings from this date)
  • December 12, 2025: Debenture maturity date

Impact Assessment

Market Impact: Low to medium. Affects only holders of this specific debenture series. The suspension is temporary and procedural, ensuring proper identification of eligible investors for redemption and interest payment.

Investor Impact: Medium for debenture holders. They cannot trade but will receive scheduled redemption proceeds and final interest payment. Exit liquidity removed but offset by imminent maturity.

Operational Impact: Minimal. Standard corporate action procedure with clear timelines for compliance by trading members.

Impact Justification

Routine trading suspension for debenture redemption affecting specific ISIN holders; limited broader market impact