Description
NSE suspends trading in NCDs of Indian Railway Finance Corporation Limited and NTPC Limited effective August 6, 2025 due to redemption.
Summary
NSE has suspended trading in Non-Convertible Debentures (Privately Placed) of two companies effective August 6, 2025. The suspension affects debt instruments of Indian Railway Finance Corporation Limited (ISIN: INE053F07785) and NTPC Limited (ISIN: INE733E07JQ4), both suspended due to redemption.
Key Points
- Two NCDs suspended from trading on NSE debt market
- Suspension effective from August 6, 2025
- Both suspensions are due to redemption of the instruments
- 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 administrative action under existing NSE Debt Market Trading Regulations.
Compliance Requirements
- Market participants must cease trading in the specified NCDs from the suspension date
- No new positions can be created in these instruments
- Existing positions may be affected by the redemption process
Important Dates
- Effective Date: August 6, 2025
- Circular Date: August 5, 2025
Impact Assessment
Limited market impact as this affects only specific privately placed debt instruments. The suspension is procedural due to redemption and does not indicate any operational issues with the underlying companies. Equity trading in IRFC and NTPC remains unaffected.
Impact Justification
Routine suspension due to redemption affects specific debt instruments but not equity trading