Description
Trading suspended in MMFL debentures (INE101Q07AP9) from February 12, 2026 due to redemption with record date set for the same day.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) issued by MUTHOOTTU MINI FINANCIERS LIMITED effective February 12, 2026. The suspension is due to the company fixing a record date for redemption of its 10% debentures maturing on February 27, 2026. Trading members are advised not to deal in the specified debentures from the no-dealings date.
Key Points
- Trading suspended for MMFL-10%-27-2-26-PVT debentures (ISIN: INE101Q07AP9, Code: 975439)
- Record date for redemption: February 12, 2026
- No dealings permitted from: February 12, 2026
- Circular reference: DR-819/2025-2026
- Issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes introduced. This is a standard operational circular implementing existing redemption procedures for debt securities.
Compliance Requirements
- Trading members must not execute any trades in the specified MUTHOOTTU MINI FINANCIERS LIMITED debentures from February 12, 2026
- Trading members must inform their clients about the trading suspension
- Debenture holders as of record date will be eligible for redemption proceeds
Important Dates
- Circular Date: February 9, 2026
- Record Date: February 12, 2026
- No Dealings From: February 12, 2026
- Debenture Maturity: February 27, 2026
Impact Assessment
Market Impact: Low to Medium - affects only holders of specific MUTHOOTTU MINI FINANCIERS LIMITED debentures. No impact on equity markets or broader debt market operations.
Investor Impact: Medium - investors holding these debentures cannot trade them from February 12, 2026. Holders as of record date will receive redemption proceeds as per debenture terms.
Operational Impact: Routine suspension procedure for debenture redemption. Trading members need to update their systems to block trading in the specified ISIN from the no-dealings date.
Impact Justification
Routine debenture redemption suspension affecting specific debt instrument holders only, limited broader market impact