Description
Trading suspended for four series of MUTHOOT MERCANTILE LIMITED debentures from December 5, 2025 for redemption and interest payment.
Summary
BSE has suspended trading in four non-convertible debenture series of MUTHOOT MERCANTILE LIMITED effective December 5, 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
- Four debenture series affected: MML-9.75%-21-12-25-NCD, MML-10.25%-21-12-25-NCD, MML-21-12-25-NCD, and MMLTD-21-12-25-NCD
- All debentures have ISINs and scrip codes: INE05F407BF7 (939074), INE05F407BN1 (939076), INE05F407BI1 (939078), INE05F407BP6 (939080)
- Suspension applies to both redemption and interest payment purposes
- Notice issued under DR-771/2025-2026
- Trading members must not deal in these securities from the suspension date
Regulatory Changes
No regulatory changes introduced. This is a standard operational circular for debenture redemption and interest payment process.
Compliance Requirements
- Trading members must cease all dealings in the specified debentures from December 5, 2025
- Members must ensure compliance with the no-dealing restriction
- Members should inform their clients holding these debentures about the suspension
Important Dates
- Notice Date: November 27, 2025
- Record Date: December 5, 2025
- Trading Suspension Date: December 5, 2025
Impact Assessment
The impact is limited to holders of these specific MUTHOOT MERCANTILE LIMITED debenture series. The suspension is temporary and procedural, enabling the company to process redemption and interest payments. Debenture holders will receive their redemption proceeds and final interest payment as per the terms. Trading members need to ensure their systems reflect the suspension to prevent inadvertent trading in these instruments.
Impact Justification
Affects holders of four debenture series but limited to specific debt instruments with scheduled redemption