Description

Trading suspended in MUTHOOT MICROFIN LIMITED debentures (MML-11%-27-1-26-PVT, ISIN: INE046W07230) from January 12, 2026 due to redemption and interest payment with record date set for the same date.

Summary

BSE has announced the suspension of trading in specific non-convertible debentures (NCDs) of MUTHOOT MICROFIN LIMITED effective January 12, 2026. The suspension is in connection with the redemption of debentures and payment of interest, with the record date fixed as January 12, 2026. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Company: MUTHOOT MICROFIN LIMITED
  • Debenture Series: MML-11%-27-1-26-PVT
  • ISIN: INE046W07230
  • Scrip Code: 974561
  • Record Date: January 12, 2026
  • No Dealings From: January 12, 2026
  • Purpose: Redemption of Debentures and Payment of interest
  • Notice Number: DR-796/2025-2026
  • Market Segment: Debt

Regulatory Changes

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

Compliance Requirements

  • Trading members must not deal in the specified debentures (ISIN: INE046W07230) from January 12, 2026
  • Trading members must take note of the suspension and ensure compliance with the no-dealings restriction
  • All trading activity in the affected debenture series must cease from the specified date

Important Dates

  • January 1, 2026: Circular notification date
  • January 12, 2026: Record date for redemption and interest payment
  • January 12, 2026: Trading suspension effective date (no dealings from this date)

Impact Assessment

Market Impact: Medium - affects only holders and traders of the specific NCD series (MML-11%-27-1-26-PVT). The suspension is temporary and related to the scheduled redemption process.

Investor Impact: High for debenture holders - they need to ensure their holdings are properly recorded for redemption proceeds and interest payment. No trading opportunity available from January 12, 2026.

Operational Impact: Low - standard corporate action process. Trading members need to update their systems to block trading in the affected ISIN from the specified date. Debenture holders eligible as per the record date will receive redemption proceeds and interest payment as scheduled.

Impact Justification

High severity for debenture holders as trading is suspended, but medium overall impact as it affects only specific NCD series and is a standard corporate action for redemption.