Description

Change in ISIN and paid-up value for Muthoot Finance Limited debt securities (Scrip Code 974673) following receipt of call money from debenture holders, effective December 18, 2025.

Summary

BSE has notified that Muthoot Finance Limited has received call money from debenture holders for certain debt securities. As a result, the ISIN and paid-up value for Scrip Code 974673 will change effective December 18, 2025. The paid-up value increases from Rs. 1,000 per debenture to Rs. 1,00,000 per debenture.

Key Points

  • Scrip Code affected: 974673
  • Existing ISIN INE414G07HV0 will be replaced with new ISIN INE414G07JV6
  • Paid-up value increases 100-fold from Rs. 1,000 to Rs. 1,00,000 per debenture
  • Changes follow receipt of call money from debenture holders
  • This is a continuation of Exchange Notice No. 20230317-7 dated March 17, 2023
  • Notice issued by Hardik Bhuta, Assistant Vice President

Regulatory Changes

No new regulatory changes. This is an operational update regarding debt securities in accordance with existing framework for call money receipts on debentures.

Compliance Requirements

  • Trading members must note the new ISIN (INE414G07JV6) for trading and settlement purposes
  • Debenture holders should update their records with the new ISIN and revised paid-up value
  • All market participants must use the new parameters for transactions from the effective date

Important Dates

  • Notice Date: December 17, 2025
  • Effective Date: December 18, 2025 (Thursday) - New ISIN and paid-up value become applicable

Impact Assessment

Market Impact: Medium - The change affects specific debt securities of Muthoot Finance Limited. The significant increase in paid-up value per debenture (from Rs. 1,000 to Rs. 1,00,000) will impact lot sizes and minimum investment requirements for traders.

Operational Impact: Trading members and debenture holders must update their systems with the new ISIN to ensure proper settlement. The 100x increase in face value means fewer debentures will represent the same investment amount, affecting portfolio calculations and trading strategies for institutional and retail investors holding these securities.

Impact Justification

Important for debenture holders and traders as it involves ISIN change and significant increase in paid-up value (100x from Rs. 1,000 to Rs. 1,00,000), but affects specific debt securities only.