Description
Trading suspended in two series of Muthoot Finance NCDs from December 26, 2025 due to redemption and interest payment with record date December 27, 2025.
Summary
BSE has announced the suspension of trading in two series of Non-Convertible Debentures (NCDs) issued by Muthoot Finance Limited. Trading will be suspended from December 26, 2025, with a record date of December 27, 2025 set for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures.
Key Points
- Two NCD series of Muthoot Finance Limited affected by trading suspension
- MFL-II-11-1-26-NCD (ISIN: INE414G07FK7, Code: 937351)
- MFL-VI-11-1-26-NCD (ISIN: INE414G07FO9, Code: 937359)
- Both series subject to redemption and interest payment
- Trading members instructed to cease dealing in these debentures
Regulatory Changes
No regulatory changes. This is a standard operational notice for debenture lifecycle events.
Compliance Requirements
- Trading members must not deal in the specified Muthoot Finance NCDs from December 26, 2025
- Members are required to note and comply with the suspension directive
- No trading activity permitted in MFL-II-11-1-26-NCD (937351) and MFL-VI-11-1-26-NCD (937359) from the no-dealings date
Important Dates
- Notice Date: December 19, 2025
- No Dealings From: December 26, 2025
- Record Date: December 27, 2025
- Reference: DR-785/2025-2026
Impact Assessment
Market Impact: Limited to holders of the two specific NCD series. No broader market implications expected.
Investor Impact: NCD holders with record date ownership will receive redemption proceeds and final interest payment. Secondary market liquidity for these instruments ceases from December 26, 2025.
Operational Impact: Trading members must update their systems to prevent transactions in the suspended NCDs. Routine corporate action processing for debt securities.
Impact Justification
Routine trading suspension for debenture redemption affecting specific NCD holders of Muthoot Finance. Limited to two NCD series with near-term suspension date.