Description
Trading suspended in debentures of Muthoot Finance Limited from November 28, 2025, ahead of record date for redemption and interest payment.
Summary
BSE has suspended trading in specific debentures of Muthoot Finance Limited (ISIN: INE414G07HU2) effective from November 28, 2025. The suspension is being implemented ahead of the record date of November 30, 2025, which has been fixed for the purpose of redemption of debentures and payment of interest on the 8.65% debentures maturing on December 15, 2025.
Key Points
- Trading suspended for Muthoot Finance Limited debentures (Code: MFL-8.65%-15-12-25-PVT, ISIN: INE414G07HU2, Security Code: 974672)
- Record date fixed: November 30, 2025
- No dealings permitted from: November 28, 2025
- Purpose: Redemption of debentures and payment of interest
- Notice Number: DR-766/2025-2026
- Coupon rate: 8.65%
- Maturity date: December 15, 2025
Regulatory Changes
No regulatory changes introduced. This is a standard procedural suspension implemented to facilitate the corporate action process.
Compliance Requirements
- Trading members must not deal in the specified debentures of Muthoot Finance Limited from November 28, 2025
- Trading members are required to take note of the suspension and inform their clients accordingly
- All pending orders and positions should be managed before the suspension date
Important Dates
- November 21, 2025: Circular issued
- November 28, 2025: Trading suspension begins (no dealings permitted from this date)
- November 30, 2025: Record date for redemption and interest payment
- December 15, 2025: Debenture maturity date
Impact Assessment
Market Impact: Limited impact as this affects only a specific series of non-convertible debentures of Muthoot Finance Limited that are approaching maturity. The suspension is temporary and procedural in nature.
Investor Impact: Debenture holders will not be able to trade these securities from November 28, 2025. Investors whose names appear on the record date (November 30, 2025) will be eligible for the final interest payment and redemption proceeds.
Operational Impact: Trading members need to ensure compliance with the suspension directive and update their trading systems accordingly. The two-day window between the suspension date and record date allows for settlement of transactions executed before the suspension.
Impact Justification
Temporary trading suspension affects specific debenture holders of Muthoot Finance Limited for administrative purposes related to redemption and interest payment