Description

Trading suspended in three series of Muthoot Finance NCDs from December 8, 2025 for redemption and interest payment purposes.

Summary

BSE has announced the suspension of trading in three series of Non-Convertible Debentures (NCDs) issued by Muthoot Finance Limited effective December 8, 2025. The suspension is to facilitate redemption of debentures and payment of interest with a record date of December 8, 2025. Trading members are advised not to deal in these specific debentures from the suspension date.

Key Points

  • Three series of Muthoot Finance NCDs will be suspended from trading
  • MFL-7.35%-23-12-25-NCD (ISIN: INE414G07HB2, Code: 938282)
  • MFL-7.60%-23-12-25-NCD (ISIN: INE414G07HD8, Code: 938288)
  • MFL-ZC-23-12-25-NCD (ISIN: INE414G07HF3, Code: 938292)
  • All three series have December 8, 2025 as record date
  • Purpose: Redemption of debentures and payment of interest
  • Notice issued under reference DR-772/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for debenture redemption process.

Compliance Requirements

  • Trading members must not deal in the specified debentures from December 8, 2025
  • All trading members are required to take note of this suspension
  • No transactions should be executed in these three NCD series from the no-dealings date

Important Dates

  • Notice Date: November 25, 2025
  • Record Date: December 8, 2025
  • No Dealings From: December 8, 2025
  • Redemption Date: December 2025 (based on debenture nomenclature)

Impact Assessment

Market Impact: Limited to holders of these specific NCD series. The suspension is routine and procedural in nature to facilitate orderly redemption and interest payment.

Investor Impact: Investors holding these debentures will receive redemption proceeds and final interest payment. No trading opportunity will be available from December 8, 2025 onwards.

Operational Impact: Trading members must update their systems to prevent trading in these securities from the specified date. The suspension affects three debt securities issued by Muthoot Finance Limited, with coupon rates of 7.35%, 7.60%, and one zero-coupon series.

Impact Justification

Routine suspension for debenture redemption affecting specific NCD holders; limited market-wide impact but important for investors holding these specific securities