Description

Trading suspended in two series of NCDs of Muthoot Finance Limited from December 26, 2025 due to redemption and interest payment with record date December 27, 2025.

Summary

BSE has announced suspension of trading in two series of Non-Convertible Debentures (NCDs) issued by Muthoot Finance Limited effective December 26, 2025. The suspension is implemented to facilitate redemption of debentures and payment of interest, with the record date set for December 27, 2025. Trading members are advised not to deal in these specific debentures during the suspension period.

Key Points

  • Two NCD series affected: MFL-II-11-1-26-NCD (ISIN: INE414G07FK7, Code: 937351) and MFL-VI-11-1-26-NCD (ISIN: INE414G07FO9, Code: 937359)
  • Trading suspension effective from December 26, 2025
  • Record date for corporate action: December 27, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Notice issued under reference DR-785/2025-2026
  • Trading members instructed not to deal in these securities during suspension

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debenture redemption and interest payment.

Compliance Requirements

  • Trading members must cease all dealings in the specified NCDs from December 26, 2025
  • Members must ensure compliance with the no-dealing period to facilitate smooth corporate action processing
  • Holders registered as of record date (December 27, 2025) will be eligible for redemption proceeds and interest payment

Important Dates

  • December 19, 2025: Circular issue date
  • December 26, 2025: Trading suspension begins (no dealings from this date)
  • December 27, 2025: Record date for redemption and interest payment eligibility

Impact Assessment

Market Impact: Limited impact as suspension affects only two specific NCD series of Muthoot Finance Limited. Normal market operations continue for other securities.

Investor Impact: Moderate impact for holders of these NCDs who will receive redemption proceeds and final interest payment. No trading possible from December 26, 2025.

Operational Impact: Standard corporate action processing. Debenture holders on record date will receive their redemption amount and accrued interest as per debenture terms.

Impact Justification

Affects holders of specific NCD series of Muthoot Finance. Temporary trading suspension for corporate action processing. Limited to two specific debenture issues.