Description
Trading suspended in MCSL debentures (INE296G07093) from December 19, 2025 for redemption and interest payment with record date set for same date.
Summary
BSE has announced the suspension of trading in non-convertible debentures of Muthoot Capital Services Ltd. (MCSL) with ISIN INE296G07093 (Code: 974550) effective December 19, 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
- Trading suspended for MCSL debenture ISIN: INE296G07093 (Code: 974550)
- Record date set for December 19, 2025
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from December 19, 2025
- Circular issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
- Notice reference: DR-781/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a routine corporate action notice for debenture redemption and interest payment.
Compliance Requirements
- Trading members must not execute any trades in the specified MCSL debentures from December 19, 2025
- Trading members are required to take note of the suspension and inform their clients accordingly
- No dealing activity permitted in ISIN INE296G07093 from the record date
Important Dates
- Notice Date: December 15, 2025
- Record Date: December 19, 2025
- Trading Suspension Start: December 19, 2025
Impact Assessment
Market Impact: Limited to holders and traders of this specific MCSL debenture series. The suspension is temporary and standard procedure for corporate actions involving redemption and interest payment.
Investor Impact: Debenture holders whose names appear on the register as of the record date will receive redemption proceeds and interest payment. Secondary market liquidity for this security ceases from December 19, 2025.
Operational Impact: Trading members must update their systems to prevent inadvertent trading in the suspended debenture and communicate the suspension to affected clients holding or trading this security.
Impact Justification
Medium importance as it affects specific debenture holders and trading members dealing with MCSL debt securities. Impact limited to holders of this specific ISIN, not broader market.