Description

Trading suspended in four series of Muthoot Mercantile Limited debentures from December 5, 2025 for redemption and interest payment purposes.

Summary

BSE has announced the suspension of trading in four series of Non-Convertible Debentures issued by Muthoot Mercantile Limited, effective December 5, 2025. The suspension is implemented to facilitate the redemption of debentures and payment of interest, with the record date set for December 5, 2025. Trading members are advised not to deal in these specified debentures from the suspension date.

Key Points

  • Four series of Muthoot Mercantile Limited NCDs affected by trading suspension
  • Record date for redemption and interest payment: December 5, 2025
  • No dealings permitted from December 5, 2025 onwards
  • Notice reference: DR-771/2025-2026
  • All four debenture series have the same record date and suspension date

Affected Securities

Series 1:

  • Name: MML-9.75%-21-12-25-NCD
  • ISIN: INE05F407BF7
  • Code: 939074

Series 2:

  • Name: MML-10.25%-21-12-25-NCD
  • ISIN: INE05F407BN1
  • Code: 939076

Series 3:

  • Name: MML-21-12-25-NCD
  • ISIN: INE05F407BI1
  • Code: 939078

Series 4:

  • Name: MMLTD-21-12-25-NCD
  • ISIN: INE05F407BP6
  • Code: 939080

Compliance Requirements

  • Trading members must cease all dealing in the specified debentures from December 5, 2025
  • Members are required to update their systems to reflect the trading suspension
  • No buy or sell transactions should be executed for these securities from the suspension date

Important Dates

  • Notice Date: November 27, 2025
  • Record Date: December 5, 2025
  • Suspension Effective Date: December 5, 2025
  • Purpose Date: December 5, 2025 (Redemption and Interest Payment)

Impact Assessment

The impact is limited to holders and traders of these specific debenture series. This is a standard corporate action for maturing debt securities. The suspension ensures orderly redemption and interest payment processing. Trading members need to adjust their systems and inform clients holding these securities about the impending redemption. The market impact is minimal as this affects only the debt segment and specific series approaching maturity in December 2025.

Impact Justification

Routine suspension for specific debenture series redemption affecting limited debt market participants