Description
NSE suspends trading in three Non-Convertible Debentures due to redemption effective August 1, 2025.
Summary
NSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of three companies - LIC Housing Finance Limited, Sundaram Clayton Limited, and Aditya Birla Capital Limited - effective August 1, 2025, due to redemption of these instruments.
Key Points
- Three Non-Convertible Debentures will be suspended from trading
- All suspensions are due to redemption of the debentures
- Suspension effective from August 1, 2025
- Action taken under Regulation 3.1.2 of NSE Debt Market Trading Regulations Part A
Regulatory Changes
No new regulatory changes introduced. This is a routine suspension under existing NSE Debt Market Trading Regulations.
Compliance Requirements
- Market participants must cease trading in the specified NCDs from the suspension date
- No specific compliance actions required beyond adherence to trading suspension
Important Dates
- Suspension Date: August 1, 2025
- Circular Date: July 31, 2025
Impact Assessment
Market Impact: Limited impact as suspensions are due to natural redemption of debentures rather than regulatory concerns. Holders of these NCDs will receive redemption proceeds as per terms. Trading community should note these instruments will no longer be available for secondary market transactions from the suspension date.
Affected Securities:
- LIC Housing Finance Limited (ISIN: INE115A07PZ0)
- Sundaram Clayton Limited (ISIN: INE105A08014)
- Aditya Birla Capital Limited (ISIN: INE860H07HX8)
Impact Justification
Routine trading suspension due to debenture redemption affecting three companies