Description

BSE notifies change in Scrip IDs for 8 debt-listed securities of Muthoottu Mini Financiers, renamed to Muthoot MCRED Limited, effective February 26, 2026 on the BOLT Plus System.

Summary

BSE has notified trading members of updated Scrip IDs for 8 debt-listed securities of Muthoottu Mini Financiers, which has been renamed to Muthoot MCRED Limited. The new Scrip IDs on the BOLT Plus System become effective from February 26, 2026. This is a continuation of Exchange Notice No. 20260218-36 dated February 18, 2026.

Key Points

  • Eight debt-listed securities under Scrip Codes 730826, 730903, 937431, 937651, 938053, 939913, 940355, and 940363 are affected.
  • Company name changes from Muthoottu Mini Financiers to MUTHOOT MCRED LIMITED across all affected scrips.
  • Old Scrip IDs (e.g., MML191225, MML070126) are replaced with shortened new IDs (e.g., MM191225, MM070126) on the BOLT Plus System.
  • Effective date: February 26, 2026.
  • This notice is a continuation of the earlier notice dated February 18, 2026.

Regulatory Changes

The Scrip IDs for the BOLT Plus trading system have been updated to reflect the company’s name change. The changes are as follows:

Scrip CodeOld Scrip IDNew Scrip ID
730826MML191225MM191225
730903MML070126MM070126
9374311025MML261025MM26
93765110MML2710MML27B
938053950MML26950MM26
93991310MML2810MM28
94035595MML2795MM27
9403631075MML301075MM30

Compliance Requirements

  • Trading members must update their systems to use the new Scrip IDs for all 8 affected debt securities on the BOLT Plus System before the market opens on February 26, 2026.
  • Any orders or references using old Scrip IDs may be invalid after the effective date.

Important Dates

  • February 18, 2026: Original notice (20260218-36) issued regarding the name change.
  • February 25, 2026: Current notice issued with updated Scrip ID mapping.
  • February 26, 2026: Effective date for all new Scrip IDs on BOLT Plus System.

Impact Assessment

This change has a medium operational impact on trading members and institutional participants active in the BSE debt market segment. Systems relying on the old BOLT Plus Scrip IDs for Muthoottu Mini Financiers must be updated overnight before February 26, 2026. The change is purely administrative, stemming from a corporate name change to Muthoot MCRED Limited, and does not affect the underlying securities, their terms, or investor holdings. Retail investors are largely unaffected; the primary burden falls on trading member back-office and order management systems.

Impact Justification

Operational change affecting trading members using BOLT Plus System for 8 debt securities; requires immediate system updates before effective date of Feb 26, 2026, but limited to debt segment participants.