Description

BSE announces changes to ISIN and paid-up value for debt securities of Muthoot Finance Limited effective December 18, 2025, following receipt of call money from debenture holders.

Summary

BSE has issued an update regarding debt securities of Muthoot Finance Limited (Scrip Code: 974673). Following the company’s receipt of call money from debenture holders, the ISIN and paid-up value of listed debt securities will be revised effective December 18, 2025. The ISIN will change from INE414G07HV0 to INE414G07JV6, and the paid-up value will increase from Rs. 1,000 per debenture to Rs. 1,00,000 per debenture.

Key Points

  • ISIN changes from INE414G07HV0 to INE414G07JV6
  • Paid-up value increases from Rs. 1,000 per debenture to Rs. 1,00,000 per debenture (100x increase)
  • Changes effective from Thursday, December 18, 2025
  • Company has received call money from debenture holders
  • This is a continuation of Exchange Notice No. 20230317-7 dated March 17, 2023
  • Trading Members are requested to take note of these changes

Regulatory Changes

No new regulatory framework changes. This is an operational update following corporate action by Muthoot Finance Limited regarding their existing debt securities.

Compliance Requirements

  • Trading Members must update their systems to reflect the new ISIN (INE414G07JV6)
  • Trading Members must update records to reflect the new paid-up value of Rs. 1,00,000 per debenture
  • All trading and settlement activities from December 18, 2025 onwards must use the revised parameters

Important Dates

  • December 17, 2025: Notice date
  • December 18, 2025: Effective date for new ISIN and paid-up value changes

Impact Assessment

Market Impact: Medium - affects specific debt securities of Muthoot Finance Limited. The 100-fold increase in paid-up value per debenture will significantly impact position sizing, collateral calculations, and trading lot sizes.

Operational Impact: Trading members and market participants holding or trading these securities must update their systems and records to reflect the new ISIN and substantially higher paid-up value. Failure to update could result in trade errors or settlement issues.

Investor Impact: Existing debenture holders will see their holdings reflected under the new ISIN with the revised paid-up value following the call money payment.

Impact Justification

Material change to debt security terms affecting ISIN and paid-up value by 100x, requiring trading member attention and systems updates