Description
NSE suspends trading in NCDs of three companies effective July 30, 2025 due to redemption.
Summary
NSE has announced the suspension of trading in Non-Convertible Debentures (privately placed) of three companies effective July 30, 2025. The suspension is due to redemption of these debt instruments.
Key Points
- Three NCDs will be suspended from trading on July 30, 2025
- All suspensions are due to redemption of the debentures
- Action taken under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A
- Circular effective from the suspension date
Regulatory Changes
No new regulatory changes introduced. Standard procedure for suspending trading in debt instruments upon redemption.
Compliance Requirements
- Trading members must cease trading in the specified NCDs from July 30, 2025
- No trading activity permitted in these instruments post-suspension date
Important Dates
- July 30, 2025: Suspension date for all three NCDs
- July 29, 2025: Circular issue date
Impact Assessment
Routine administrative action with limited market impact. Affects holders and traders of specific NCDs:
- LIC Housing Finance Limited (INE115A07HU8)
- L&T Finance Limited (INE027E07BX4)
- Sammaan Capital Limited (INE148I08207)
No broader market implications expected as this is standard procedure for maturing debt instruments.
Impact Justification
Routine suspension due to redemption affecting three NCDs