Description
BSE has suspended trading in Muthoot Mcred Ltd's NCD (MML-10.25%-13-3-26-NCD) effective March 10, 2026, due to redemption of the non-convertible debenture.
Summary
BSE has notified trading members that trading in the Non-Convertible Debenture (NCD) of Muthoot Mcred Ltd — scrip code 937431 (ISIN: INE101Q08118) — is suspended effective March 10, 2026, following the company’s intimation of redemption of the said debenture.
Key Points
- Muthoot Mcred Ltd has informed BSE of the redemption of its NCD series: MML-10.25%-13-3-26-NCD
- ISIN: INE101Q08118, Scrip Code: 937431
- Trading in the aforesaid debenture is suspended with effect from March 10, 2026
- Notice reference: DR-836/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard operational notice pursuant to the redemption of a listed debt instrument.
Compliance Requirements
- Trading members are advised not to deal in the specified NCD (INE101Q08118 / Scrip Code 937431) on or after March 10, 2026.
- Members must take note of the suspension and ensure no trades are executed in this instrument post the effective date.
Important Dates
- Notice Date: March 09, 2026
- Suspension Effective From: March 10, 2026
- Redemption Date (implied by scrip name): March 13, 2026
Impact Assessment
This suspension affects holders and traders of the specific Muthoot Mcred Ltd NCD series maturing on March 13, 2026. The impact is limited to participants in this single debt instrument on the BSE Debt Market Segment. No broader market or equity segment impact is anticipated. Debenture holders will receive redemption proceeds as per the terms of the instrument.
Impact Justification
Routine NCD redemption-triggered trading suspension affecting a single debt instrument; limited to holders of this specific debenture series.