Description
BSE advises trading members not to deal in two NCDs of Muthoot Fincorp Limited from March 10, 2026, ahead of their redemption on the same date.
Summary
BSE has notified trading members that Muthoot Fincorp Limited has fixed March 10, 2026 as the Record Date for the redemption of two Non-Convertible Debentures (NCDs). Trading in both debenture series is suspended effective March 10, 2026.
Key Points
- Muthoot Fincorp Limited has set a Record Date of March 10, 2026 for redemption of two NCDs.
- Trading members are directed not to deal in the specified debentures from March 10, 2026.
- Two NCD series are affected: MFL-8.25%-2-4-26-NCD (ISIN: INE549K07BT2, Code: 938416) and MFL-2-4-26-NCD (ISIN: INE549K07BQ8, Code: 938432).
- Notice reference: DR-836/2025-2026.
Regulatory Changes
No new regulatory changes. This is a standard procedural suspension of trading pursuant to an upcoming debenture redemption event as per existing exchange rules.
Compliance Requirements
- Trading members must cease all dealings in the two specified NCD series of Muthoot Fincorp Limited from March 10, 2026.
- Members should update their systems to block transactions in ISIN INE549K07BT2 (Code: 938416) and ISIN INE549K07BQ8 (Code: 938432) effective the no-dealings date.
Important Dates
- Notice Date: March 04, 2026
- Record Date / No Dealings From: March 10, 2026 (for both NCD series)
Impact Assessment
The suspension is limited in scope, affecting only holders and traders of these two specific Muthoot Fincorp NCD series. As both instruments are approaching maturity/redemption on the record date, market impact is minimal. Debenture holders will receive redemption proceeds as per the terms of the instrument. No broader market or equity segment impact is anticipated.
Impact Justification
Routine suspension of trading ahead of NCD redemption affecting two specific debenture series of Muthoot Fincorp Limited; impacts only holders of these specific instruments.