Description

BSE suspends trading in debentures of Muthoottu Mini Financiers Limited from December 18, 2025 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of Muthoottu Mini Financiers Limited effective December 18, 2025. The suspension is due to the company fixing the record date for redemption of debentures. Trading members are advised not to deal in the specified debentures from the no-dealings date.

Key Points

  • Trading in MMFL 9.75% NCDs (ISIN: INE101Q07AF0, Scrip Code: 937817) will be suspended
  • Record date for redemption set as December 18, 2025
  • No dealings permitted from December 18, 2025 onwards
  • Circular reference number: DR-780/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance And Operations

Regulatory Changes

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

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures of Muthoottu Mini Financiers Limited from December 18, 2025
  • Trading members are required to take note of the suspension and inform their clients accordingly
  • All market participants must comply with the no-dealings restriction from the specified date

Important Dates

  • December 12, 2025: Notice date and circular issuance
  • December 18, 2025: Record date for redemption
  • December 18, 2025: No dealings commence (trading suspension effective)

Impact Assessment

The suspension has a specific and limited impact on holders and traders of Muthoottu Mini Financiers Limited’s 9.75% Non-Convertible Debentures. Debenture holders will have their securities redeemed as per the company’s redemption schedule. Trading members must ensure no new positions are created in these securities from the no-dealings date. The impact is contained to this specific debt instrument and does not affect other securities of the company or broader market operations.

Impact Justification

Trading suspension affects debenture holders of Muthoottu Mini Financiers Limited due to scheduled redemption, with medium impact limited to specific debt security.