Description
Trading suspended in two series of debentures of Muthoot Fincorp Limited from January 6, 2026 due to redemption with record date set for the same date.
Summary
BSE has suspended trading in two series of Non Convertible Debentures (NCDs) issued by Muthoot Fincorp Limited effective January 6, 2026. The suspension is due to the company fixing the record date for redemption of these debentures. Trading members are advised not to deal in the specified debentures from the suspension date.
Key Points
- Two NCD series of Muthoot Fincorp Limited suspended from trading
- MFL-8.75%-29-1-26-NCD (ISIN: INE549K07949, Code: 937407)
- MFL-ZC-29-1-26-NCD (ISIN: INE549K07972, Code: 937417)
- Record date for redemption: January 6, 2026
- No dealings permitted from January 6, 2026
- Notice Reference: DR-792/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for debenture redemption.
Compliance Requirements
- Trading members must cease dealing in the specified debentures from January 6, 2026
- Trading members must note the suspension and inform their clients accordingly
- All market participants should be aware of the trading suspension before the effective date
Important Dates
- Notice Date: December 31, 2025
- Record Date: January 6, 2026
- Suspension Effective Date: January 6, 2026
Impact Assessment
Market Impact: Limited to holders of these specific NCD series. The suspension affects two debenture instruments only.
Investor Impact: Debenture holders will receive redemption proceeds as per the terms. No trading opportunity available from the suspension date.
Operational Impact: Trading members need to update their systems to block trading in these securities and communicate the suspension to affected clients holding these instruments.
Impact Justification
Routine debenture redemption affecting specific debt instruments. Impact limited to holders of these two NCD series.