Description

Trading suspended from December 5, 2025 for four series of Muthoot Mercantile Limited debentures due to redemption and interest payment with record date set for December 5, 2025.

Summary

BSE has announced the suspension of trading in four series of Non-Convertible Debentures (NCDs) issued by 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 suspension date.

Key Points

  • Four series of Muthoot Mercantile Limited NCDs will be suspended from trading
  • Suspension effective from December 5, 2025
  • Record date for redemption and interest payment: December 5, 2025
  • Notice reference: DR-771/2025-2026
  • All four debenture series have the same record date and suspension date

Affected Securities

MML-9.75%-21-12-25-NCD

  • ISIN: INE05F407BF7
  • Code: 939074
  • Purpose: Redemption and interest payment

MML-10.25%-21-12-25-NCD

  • ISIN: INE05F407BN1
  • Code: 939076
  • Purpose: Redemption and interest payment

MML-21-12-25-NCD

  • ISIN: INE05F407BI1
  • Code: 939078
  • Purpose: Redemption and interest payment

MMLTD-21-12-25-NCD

  • ISIN: INE05F407BP6
  • Code: 939080
  • Purpose: Redemption and interest payment

Compliance Requirements

  • Trading members must not deal in the specified debentures from December 5, 2025
  • Trading members are required to note this suspension and inform their clients holding these securities
  • No trading activity permitted in these securities until further notice

Important Dates

  • Circular Date: November 27, 2025
  • Record Date: December 5, 2025
  • Trading Suspension Date: December 5, 2025

Impact Assessment

Market Impact: Medium - affects debt market participants holding or trading these specific NCDs

Investor Impact: High for holders of these debentures - they should be aware of the impending redemption and ensure their demat details are updated for receiving redemption proceeds and interest payments

Operational Impact: Trading members need to update their systems to block trading in these four debenture series and communicate with affected clients regarding the suspension and upcoming redemption

Impact Justification

High severity for debenture holders due to trading suspension, but medium overall impact as it affects specific debt securities of one company with limited market-wide implications