Description

Trading suspended in two series of non-convertible debentures of Muthoot Finance Limited from December 26, 2025 due to record date for redemption and interest payment.

Summary

BSE has announced the suspension of trading in two series of non-convertible debentures (NCDs) issued by Muthoot Finance Limited. The suspension is effective from December 26, 2025, due to the company fixing December 27, 2025 as the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these specified debentures.

Key Points

  • Two NCD series of Muthoot Finance Limited affected: MFL-II-11-1-26-NCD (ISIN: INE414G07FK7, Code: 937351) and MFL-VI-11-1-26-NCD (ISIN: INE414G07FO9, Code: 937359)
  • Trading suspension commences from December 26, 2025
  • Record date set for December 27, 2025
  • Purpose: Redemption of debentures and payment of interest
  • Reference: DR-785/2025-2026
  • Trading members explicitly instructed not to deal in these securities

Regulatory Changes

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

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from December 26, 2025
  • Members are required to take note of the suspension and ensure compliance with the no-dealing instruction
  • Debenture holders should be aware of the record date for determining eligibility for redemption proceeds and interest payment

Important Dates

  • December 19, 2025: Circular issued
  • December 26, 2025: No dealings commence (trading suspension begins)
  • December 27, 2025: Record date for redemption and interest payment

Impact Assessment

Market Impact: Limited to holders and potential traders of the two specified NCD series. The suspension is temporary and procedural in nature, related to the redemption process.

Investor Impact: Investors holding these debentures as of the record date (December 27, 2025) will receive redemption proceeds and interest payment. Secondary market trading is suspended from December 26, 2025.

Operational Impact: Trading members must update their systems to prevent trades in these securities. The suspension ensures proper settlement of redemption and interest payment to eligible holders without interference from ongoing market transactions.

Impact Justification

Affects holders of specific NCD series of Muthoot Finance. Trading suspension is temporary and routine for redemption purposes. Limited to two debenture series.