Description

BSE announces change in 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 following the company’s receipt of call money from debenture holders. 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. This notice is in continuation of Exchange Notice No. 20230317-7 dated March 17, 2023.

Key Points

  • ISIN changing from INE414G07HV0 to INE414G07JV6
  • Paid-up value increasing from Rs. 1,000 per debenture to Rs. 1,00,000 per debenture
  • Changes effective from Thursday, December 18, 2025
  • Scrip Code remains 974673
  • Call money has been received from debenture holders
  • Update continues from previous notice dated March 17, 2023

Regulatory Changes

No new regulatory changes introduced. This is an operational update regarding existing debt securities following receipt of call money as per debenture terms.

Compliance Requirements

  • Trading members must note the new ISIN (INE414G07JV6) for transactions from December 18, 2025
  • Trading members must update systems to reflect the revised paid-up value of Rs. 1,00,000 per debenture
  • All subsequent trading and settlement activities must use the new ISIN

Important Dates

  • Notice Date: December 17, 2025
  • Effective Date: December 18, 2025 (Thursday) - New ISIN and paid-up value become applicable
  • Reference Notice: March 17, 2023 (Exchange Notice No. 20230317-7)

Impact Assessment

Market Impact: Medium - The 100-fold increase in paid-up value (from Rs. 1,000 to Rs. 1,00,000) represents a significant consolidation of debt securities. This may affect liquidity and trading patterns for these specific debentures.

Operational Impact: Trading members and debenture holders must update their records and systems to reflect the new ISIN and substantially higher face value per debenture unit, which could affect position sizing and risk calculations.

Investor Impact: Existing debenture holders are directly affected as their holdings will be converted to the new ISIN with the revised paid-up value, reflecting the call money payment made to the company.

Impact Justification

Material change in ISIN and significant increase in paid-up value (100x) for specific debt securities affects debenture holders and trading members dealing with Muthoot Finance debentures.